Investment Advisory Group LLC Has $688,000 Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Investment Advisory Group LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,377 shares of the company’s stock after purchasing an additional 800 shares during the quarter. Investment Advisory Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $688,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Phoenix Wealth Advisors grew its position in Vanguard FTSE Developed Markets ETF by 6.4% in the fourth quarter. Phoenix Wealth Advisors now owns 102,134 shares of the company’s stock valued at $4,884,000 after acquiring an additional 6,132 shares during the period. NorthLanding Financial Partners LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 2.8% in the 4th quarter. NorthLanding Financial Partners LLC now owns 57,745 shares of the company’s stock valued at $2,761,000 after purchasing an additional 1,553 shares in the last quarter. MBM Wealth Consultants LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.6% in the 4th quarter. MBM Wealth Consultants LLC now owns 278,588 shares of the company’s stock worth $13,294,000 after purchasing an additional 9,601 shares during the last quarter. Missouri Trust & Investment Co increased its position in shares of Vanguard FTSE Developed Markets ETF by 10.3% during the 4th quarter. Missouri Trust & Investment Co now owns 12,800 shares of the company’s stock worth $612,000 after purchasing an additional 1,199 shares in the last quarter. Finally, Sterling Investment Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 48.5% during the 4th quarter. Sterling Investment Management LLC now owns 26,168 shares of the company’s stock worth $1,251,000 after purchasing an additional 8,552 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 1.9 %

NYSEARCA:VEA opened at $49.51 on Wednesday. The firm has a market cap of $129.72 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12 month low of $46.60 and a 12 month high of $53.40. The company’s 50-day moving average price is $48.99 and its two-hundred day moving average price is $50.29.

Vanguard FTSE Developed Markets ETF Company 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.