Confluence Wealth Services Inc. Increases Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Confluence Wealth Services Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,018 shares of the company’s stock after buying an additional 251 shares during the quarter. Confluence Wealth Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $545,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 2.6% in the fourth quarter. International Assets Investment Management LLC now owns 33,761 shares of the company’s stock valued at $1,617,000 after purchasing an additional 843 shares during the period. Retirement Systems of Alabama grew its position in shares of Vanguard FTSE Developed Markets ETF by 6.2% in the fourth quarter. Retirement Systems of Alabama now owns 24,535 shares of the company’s stock valued at $1,175,000 after purchasing an additional 1,427 shares in the last quarter. Gilbert & Cook Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 8.2% during the 4th quarter. Gilbert & Cook Inc. now owns 1,389,435 shares of the company’s stock valued at $66,554,000 after purchasing an additional 104,907 shares during the period. Aveo Capital Partners LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the 4th quarter. Aveo Capital Partners LLC now owns 115,507 shares of the company’s stock valued at $5,533,000 after purchasing an additional 923 shares during the period. Finally, Summit Global Investments purchased a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $298,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock traded up $0.17 during mid-day trading on Friday, reaching $52.39. 5,128,915 shares of the company traded hands, compared to its average volume of 9,868,435. The company has a fifty day moving average price of $50.32 and a 200-day moving average price of $49.86. Vanguard FTSE Developed Markets ETF has a 52-week low of $41.48 and a 52-week high of $52.54. The company has a market capitalization of $137.26 billion, a P/E ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Company Profile

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.