Valmark Advisers Inc. Grows Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Valmark Advisers Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,756,315 shares of the company’s stock after purchasing an additional 293,718 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 9.1% of Valmark Advisers Inc.’s holdings, making the stock its biggest position. Valmark Advisers Inc. owned approximately 0.39% of Vanguard FTSE Developed Markets ETF worth $704,438,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Corient Private Wealth LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 122.9% during the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after acquiring an additional 22,700,179 shares in the last quarter. Gallagher Fiduciary Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 5,002.6% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 11,901,177 shares of the company’s stock worth $678,486,000 after purchasing an additional 11,667,939 shares during the period. Bank of America Corp DE increased its holdings in Vanguard FTSE Developed Markets ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after purchasing an additional 5,747,233 shares in the last quarter. Gridiron Partners LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 16,333.2% during the 3rd quarter. Gridiron Partners LLC now owns 4,432,845 shares of the company’s stock worth $265,616,000 after purchasing an additional 4,405,870 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of Vanguard FTSE Developed Markets ETF by 20.9% in the 2nd quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock valued at $1,425,044,000 after purchasing an additional 4,314,597 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $64.53 on Friday. The stock has a market capitalization of $199.89 billion, a P/E ratio of 16.34 and a beta of 0.87. The business has a 50-day moving average of $61.87 and a 200-day moving average of $59.85. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $64.59.

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.