Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Hart & Patterson Financial Group LLC’s Largest Position

Hart & Patterson Financial Group LLC increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 427,116 shares of the company’s stock after purchasing an additional 16,368 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 9.9% of Hart & Patterson Financial Group LLC’s investment portfolio, making the stock its largest holding. Hart & Patterson Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $20,425,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Shotwell Rutter Baer Inc lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.4% in the fourth quarter. Shotwell Rutter Baer Inc now owns 171,984 shares of the company’s stock worth $8,174,000 after buying an additional 7,273 shares in the last quarter. Arbor Wealth Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 15.3% in the 4th quarter. Arbor Wealth Advisors LLC now owns 47,683 shares of the company’s stock valued at $2,280,000 after purchasing an additional 6,326 shares during the period. TPG Financial Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 2.6% during the 4th quarter. TPG Financial Advisors LLC now owns 60,524 shares of the company’s stock valued at $2,894,000 after purchasing an additional 1,516 shares in the last quarter. Marcum Wealth LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.0% in the fourth quarter. Marcum Wealth LLC now owns 1,294,742 shares of the company’s stock worth $61,915,000 after purchasing an additional 50,348 shares during the period. Finally, BCS Wealth Management purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $331,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $47.40 on Tuesday. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.91 and a 52-week high of $53.40. The stock has a fifty day moving average of $49.21 and a 200 day moving average of $50.35. The firm has a market capitalization of $124.19 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.