IFC Advisors LLC Increases Stock Position in Vanguard FTSE Developed Markets ETF $VEA

IFC Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report) by 7.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,200 shares of the company’s stock after buying an additional 2,500 shares during the quarter. IFC Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,178,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of VEA. Kessler Investment Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. von Borstel & Associates Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $26,000. Financial Network Wealth Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $28,000. Finally, Nemes Rush Group LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 236.5% in the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after acquiring an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 1.0%

Shares of NYSEARCA:VEA opened at $59.80 on Tuesday. The firm’s 50 day moving average price is $59.28 and its 200 day moving average price is $56.07. The stock has a market cap of $178.18 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.32.

About Vanguard FTSE Developed Markets ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

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