Kovack Advisors Inc. Acquires 49,980 Shares of Vanguard FTSE Developed Markets ETF $VEA

Kovack Advisors Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 95.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 102,465 shares of the company’s stock after acquiring an additional 49,980 shares during the quarter. Kovack Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,401,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VEA. Sepio Capital LP grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.0% during the 4th quarter. Sepio Capital LP now owns 1,036,937 shares of the company’s stock valued at $64,777,000 after purchasing an additional 20,422 shares during the last quarter. Hudock Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 1.8% in the 4th quarter. Hudock Inc. now owns 396,870 shares of the company’s stock valued at $24,793,000 after purchasing an additional 7,105 shares during the last quarter. Absolute Capital Management LLC boosted its position in Vanguard FTSE Developed Markets ETF by 64.0% in the fourth quarter. Absolute Capital Management LLC now owns 75,567 shares of the company’s stock valued at $4,721,000 after buying an additional 29,494 shares in the last quarter. Canopy Partners LLC boosted its position in Vanguard FTSE Developed Markets ETF by 61.7% in the fourth quarter. Canopy Partners LLC now owns 5,768 shares of the company’s stock valued at $360,000 after buying an additional 2,200 shares in the last quarter. Finally, Keel Point LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 5.1% during the fourth quarter. Keel Point LLC now owns 1,012,021 shares of the company’s stock worth $63,221,000 after buying an additional 48,780 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $71.31 on Friday. The company has a fifty day moving average of $69.20 and a 200-day moving average of $66.34. The company has a market capitalization of $228.71 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $54.63 and a 52-week high of $72.32.

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.