Avidian Wealth Enterprises LLC Boosts Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Avidian Wealth Enterprises LLC lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 155,864 shares of the company’s stock after acquiring an additional 15,634 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $7,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the company. Brown Lisle Cummings Inc. raised its position in Vanguard FTSE Developed Markets ETF by 5.5% during the 4th quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock worth $184,000 after buying an additional 200 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in Vanguard FTSE Developed Markets ETF by 0.3% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after purchasing an additional 205 shares during the period. Optimum Investment Advisors boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.7% in the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock valued at $668,000 after purchasing an additional 207 shares during the last quarter. MTM Investment Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 1.5% during the 3rd quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock worth $743,000 after purchasing an additional 208 shares during the period. Finally, O Connor Financial Group LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 3.4% during the 4th quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after buying an additional 210 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.4 %

Shares of VEA opened at $50.73 on Wednesday. The company has a market capitalization of $132.91 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52 week low of $46.72 and a 52 week high of $53.40. The stock’s 50-day moving average price is $49.13 and its 200-day moving average price is $50.23.

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.