Burling Wealth Partners LLC Grows Position in Vanguard FTSE Developed Markets ETF $VEA

Burling Wealth Partners LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 38.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 97,552 shares of the company’s stock after purchasing an additional 27,144 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 0.9% of Burling Wealth Partners LLC’s holdings, making the stock its 28th biggest position. Burling Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,094,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of VEA. Nova Wealth Management Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after purchasing an additional 253 shares during the period. GGM Financials LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at about $27,000. Ulland Investment Advisors LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares during the period. Strategic Wealth Advisors LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $35,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at about $37,000.

Vanguard FTSE Developed Markets ETF Trading Up 1.8%

Shares of VEA opened at $70.20 on Thursday. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.44 and a 12-month high of $71.12. The firm has a 50-day moving average price of $66.95 and a 200 day moving average price of $65.18. The firm has a market capitalization of $225.15 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.