Farther Finance Advisors LLC Acquires 43,605 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Farther Finance Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 652,889 shares of the company’s stock after buying an additional 43,605 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 1.1% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Farther Finance Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $31,221,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Parkworth Wealth Management Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth $954,000. EverSource Wealth Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 6.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,203,522 shares of the company’s stock worth $57,552,000 after purchasing an additional 71,638 shares during the period. Sequoia Financial Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 384.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 626,694 shares of the company’s stock worth $29,969,000 after purchasing an additional 497,461 shares during the period. Warwick Investment Management Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 7.2% in the fourth quarter. Warwick Investment Management Inc. now owns 72,033 shares of the company’s stock worth $3,445,000 after purchasing an additional 4,866 shares during the period. Finally, Summit X LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth $246,000.

Vanguard FTSE Developed Markets ETF Stock Down 0.3 %

Shares of VEA stock opened at $51.23 on Wednesday. The stock has a market cap of $143.96 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92. The business’s fifty day moving average is $50.08 and its 200 day moving average is $50.46. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.80 and a twelve month high of $53.40.

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.