Belleair Asset Management LLC Buys Shares of 15,830 Vanguard FTSE Developed Markets ETF $VEA

Belleair Asset Management LLC bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 15,830 shares of the company’s stock, valued at approximately $989,000. Vanguard FTSE Developed Markets ETF accounts for 0.9% of Belleair Asset Management LLC’s holdings, making the stock its 28th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TL Private Wealth raised its position in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after purchasing an additional 155 shares during the period. Belpointe Asset Management LLC raised its position in Vanguard FTSE Developed Markets ETF by 0.5% in the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after purchasing an additional 162 shares during the period. Spire Wealth Management raised its position in Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after purchasing an additional 163 shares during the period. Twelve Points Wealth Management LLC raised its position in Vanguard FTSE Developed Markets ETF by 0.9% in the fourth quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock valued at $1,220,000 after purchasing an additional 166 shares during the period. Finally, Smith Salley Wealth Management raised its position in Vanguard FTSE Developed Markets ETF by 0.8% in the third quarter. Smith Salley Wealth Management now owns 20,096 shares of the company’s stock valued at $1,204,000 after purchasing an additional 168 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 2.6%

Shares of NYSEARCA VEA opened at $68.80 on Friday. The firm has a market cap of $220.66 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $52.58 and a 52-week high of $70.55. The business’s 50 day moving average is $66.53 and its two-hundred day moving average is $64.36.

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.