Advisors Capital Management LLC Has $28.71 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Advisors Capital Management LLC raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 97.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 564,861 shares of the company’s stock after acquiring an additional 279,094 shares during the quarter. Advisors Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $28,712,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Mattson Financial Services LLC grew its position in Vanguard FTSE Developed Markets ETF by 708.7% in the first quarter. Mattson Financial Services LLC now owns 1,302 shares of the company’s stock worth $66,000 after acquiring an additional 1,141 shares in the last quarter. Main Line Retirement Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $205,000. MBL Wealth LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $279,000. Geneos Wealth Management Inc. grew its position in Vanguard FTSE Developed Markets ETF by 63.9% in the first quarter. Geneos Wealth Management Inc. now owns 497,347 shares of the company’s stock worth $25,280,000 after acquiring an additional 193,943 shares in the last quarter. Finally, Tenret Co LLC grew its position in Vanguard FTSE Developed Markets ETF by 4.3% in the first quarter. Tenret Co LLC now owns 467,206 shares of the company’s stock worth $23,748,000 after acquiring an additional 19,242 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.1%

VEA stock opened at $59.41 on Thursday. The company has a market capitalization of $170.69 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $59.67. The firm has a 50 day moving average of $57.88 and a two-hundred day moving average of $54.71.

Vanguard FTSE Developed Markets ETF Profile

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.