Naviter Wealth LLC Purchases New Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Naviter Wealth LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 22,736 shares of the company’s stock, valued at approximately $1,089,000.

Several other large investors have also recently bought and sold shares of the business. Wetzel Investment Advisors Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $26,000. Versant Capital Management Inc purchased a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $29,000. First Command Advisory Services Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 81.3% in the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock valued at $33,000 after purchasing an additional 309 shares during the last quarter. Investment Research & Advisory Group Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 273.9% in the fourth quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after buying an additional 515 shares in the last quarter. Finally, Orion Capital Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the third quarter worth about $40,000.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $48.89 on Tuesday. The stock’s 50 day moving average price is $49.25 and its 200 day moving average price is $47.12. The firm has a market cap of $128.09 billion, a P/E ratio of 13.31 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $50.36.

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.