Focus Partners Wealth Purchases 2,399,652 Shares of Vanguard FTSE Developed Markets ETF $VEA

Focus Partners Wealth boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 43.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,879,679 shares of the company’s stock after purchasing an additional 2,399,652 shares during the quarter. Focus Partners Wealth’s holdings in Vanguard FTSE Developed Markets ETF were worth $491,887,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Buck Wealth Strategies LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 16.3% in the 4th quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock valued at $22,774,000 after acquiring an additional 51,187 shares during the last quarter. Chesley Taft & Associates LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 13.9% in the 4th quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock valued at $20,687,000 after purchasing an additional 40,482 shares during the period. Root Financial Partners LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 27.1% in the 4th quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock valued at $6,079,000 after purchasing an additional 20,769 shares during the period. Eastern Bank grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the 4th quarter. Eastern Bank now owns 2,427,295 shares of the company’s stock valued at $151,633,000 after purchasing an additional 81,764 shares during the period. Finally, Northeast Investment Management grew its position in shares of Vanguard FTSE Developed Markets ETF by 10.8% in the 3rd quarter. Northeast Investment Management now owns 419,287 shares of the company’s stock valued at $25,124,000 after purchasing an additional 40,747 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $71.55 on Friday. The stock has a 50 day simple moving average of $69.33 and a 200 day simple moving average of $66.37. Vanguard FTSE Developed Markets ETF has a 52-week low of $54.63 and a 52-week high of $72.32. The firm has a market capitalization of $229.48 billion, a PE ratio of 16.34 and a beta of 0.83.

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.