Fairlight Advisors Acquires New Holdings in Vanguard FTSE Developed Markets ETF $VEA

Fairlight Advisors bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 207,889 shares of the company’s stock, valued at approximately $14,812,000. Vanguard FTSE Developed Markets ETF comprises about 12.1% of Fairlight Advisors’ holdings, making the stock its 3rd biggest position.

Several other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC grew its position in Vanguard FTSE Developed Markets ETF by 79.2% during the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 47.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares in the last quarter. Capstone Wealth Management Group LLC bought a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at about $209,000. Squarepoint Ops LLC bought a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at about $7,001,000. Finally, Glenview Trust co boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after purchasing an additional 297 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

NYSEARCA:VEA opened at $73.54 on Friday. The stock has a market cap of $238.26 billion, a P/E ratio of 16.34 and a beta of 0.83. The stock’s 50-day moving average is $70.98 and its 200-day moving average is $68.92. Vanguard FTSE Developed Markets ETF has a 1-year low of $57.81 and a 1-year high of $73.66.

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.