Oak Hill Wealth Advisors LLC Purchases 89,458 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

by · The Cerbat Gem

Oak Hill Wealth Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 16.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 642,417 shares of the company’s stock after purchasing an additional 89,458 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 7.6% of Oak Hill Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Oak Hill Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $32,654,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VEA. Brooklyn FI LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,702.3% in the 4th quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after purchasing an additional 35,468,345 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $563,154,000. Bank of America Corp DE raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after purchasing an additional 10,807,527 shares in the last quarter. Betterment LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 8.0% in the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after purchasing an additional 10,132,168 shares in the last quarter. Finally, US Bancorp DE raised its stake in Vanguard FTSE Developed Markets ETF by 56.6% during the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock worth $1,138,726,000 after acquiring an additional 8,608,172 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $55.87 on Thursday. The company’s fifty day moving average price is $54.49 and its 200 day moving average price is $51.52. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $56.91. The firm has a market capitalization of $160.35 billion, a P/E ratio of 16.34 and a beta of 0.87.

About Vanguard FTSE Developed Markets ETF

(Free Report)

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.

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