Burt Wealth Advisors Grows Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

by · The Cerbat Gem

Burt Wealth Advisors raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 81.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 81,600 shares of the company’s stock after buying an additional 36,689 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 1.0% of Burt Wealth Advisors’ holdings, making the stock its 19th largest position. Burt Wealth Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $4,148,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VEA. Ironwood Wealth Management LLC. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 6.3% in the fourth quarter. Ironwood Wealth Management LLC. now owns 85,211 shares of the company’s stock worth $4,075,000 after purchasing an additional 5,072 shares during the last quarter. Brighton Jones LLC raised its position in Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after acquiring an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Vanguard FTSE Developed Markets ETF by 47.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after acquiring an additional 39,653 shares in the last quarter. Highview Capital Management LLC DE raised its position in Vanguard FTSE Developed Markets ETF by 3.4% during the fourth quarter. Highview Capital Management LLC DE now owns 190,918 shares of the company’s stock valued at $9,130,000 after acquiring an additional 6,282 shares in the last quarter. Finally, Cromwell Holdings LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $2,053,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.6%

Shares of VEA stock opened at $55.00 on Friday. The stock has a 50 day moving average of $54.15 and a 200 day moving average of $51.41. The stock has a market cap of $156.75 billion, a P/E ratio of 16.52 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $56.91.

Vanguard FTSE Developed Markets ETF Company Profile

(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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