Vanguard FTSE Developed Markets ETF $VEA Shares Purchased by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 533,080 shares of the company’s stock after buying an additional 17,905 shares during the period. Vanguard FTSE Developed Markets ETF comprises 5.9% of Sovereign Financial Group Inc.’s portfolio, making the stock its largest holding. Sovereign Financial Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $34,160,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VEA. Discipline Wealth Solutions LLC grew its position in Vanguard FTSE Developed Markets ETF by 42.4% during the first quarter. Discipline Wealth Solutions LLC now owns 528,729 shares of the company’s stock worth $33,881,000 after buying an additional 157,316 shares during the period. AdvisorNet Financial Inc lifted its position in shares of Vanguard FTSE Developed Markets ETF by 4.3% during the 1st quarter. AdvisorNet Financial Inc now owns 494,179 shares of the company’s stock valued at $31,667,000 after acquiring an additional 20,195 shares during the period. Defined Wealth Management LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 2.7% during the 1st quarter. Defined Wealth Management LLC now owns 20,997 shares of the company’s stock worth $1,345,000 after acquiring an additional 561 shares in the last quarter. Outlook Wealth Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 58.3% during the 1st quarter. Outlook Wealth Advisors LLC now owns 30,368 shares of the company’s stock worth $1,946,000 after acquiring an additional 11,189 shares in the last quarter. Finally, Marathon Mission Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the 1st quarter. Marathon Mission Inc. now owns 307,040 shares of the company’s stock worth $19,675,000 after acquiring an additional 4,041 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $72.39 on Tuesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.63 and a 1-year high of $73.23. The stock has a market cap of $232.17 billion, a P/E ratio of 16.34 and a beta of 0.83. The stock’s 50 day simple moving average is $70.10 and its 200 day simple moving average is $66.88.

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.