IFP Advisors Inc Boosts Stake in Vanguard FTSE Developed Markets ETF $VEA

IFP Advisors Inc lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 236,007 shares of the company’s stock after acquiring an additional 15,531 shares during the quarter. IFP Advisors Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $14,743,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. TPG Financial Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 0.5% in the 4th quarter. TPG Financial Advisors LLC now owns 59,006 shares of the company’s stock worth $3,686,000 after buying an additional 278 shares during the last quarter. Brown Wealth Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 55.3% in the 4th quarter. Brown Wealth Management LLC now owns 363,943 shares of the company’s stock worth $22,736,000 after buying an additional 129,574 shares during the last quarter. Northbridge Financial Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $243,000. Cullen Frost Bankers Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 101.9% in the 4th quarter. Cullen Frost Bankers Inc. now owns 49,694 shares of the company’s stock worth $3,104,000 after buying an additional 25,083 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its holdings in Vanguard FTSE Developed Markets ETF by 11.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 138,125 shares of the company’s stock worth $8,629,000 after buying an additional 14,022 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.8%

VEA stock opened at $68.99 on Wednesday. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.44 and a 12-month high of $71.12. The stock has a market cap of $221.27 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The business’s 50-day moving average is $66.87 and its 200 day moving average is $65.12.

About Vanguard FTSE Developed Markets ETF

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.