Fermata Advisors LLC Purchases 4,290 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Fermata Advisors LLC boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 16.4% during the first quarter, HoldingsChannel reports. The fund owned 30,504 shares of the company’s stock after buying an additional 4,290 shares during the quarter. Fermata Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,551,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VEA. Brooklyn FI LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 6,702.3% in the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after purchasing an additional 35,468,345 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $563,154,000. Bank of America Corp DE raised its position in shares of Vanguard FTSE Developed Markets ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after purchasing an additional 10,807,527 shares during the period. Strategic Financial Concepts LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 5,780.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after acquiring an additional 10,625,142 shares during the period. Finally, Betterment LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 8.0% during the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after acquiring an additional 10,132,168 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $56.10 on Thursday. The company’s fifty day simple moving average is $52.34 and its two-hundred day simple moving average is $50.88. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $56.37. The stock has a market capitalization of $159.89 billion, a price-to-earnings ratio of 16.52 and a beta of 0.87.

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.