Level Financial Advisors Has $18.11 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Level Financial Advisors boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.3% during the fourth quarter, Holdings Channel reports. The fund owned 378,711 shares of the company’s stock after acquiring an additional 35,313 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 6.6% of Level Financial Advisors’ holdings, making the stock its 3rd biggest holding. Level Financial Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $18,110,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Creative Planning lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.8% during the third quarter. Creative Planning now owns 145,118,743 shares of the company’s stock valued at $7,663,721,000 after acquiring an additional 5,341,481 shares during the period. WealthNavi Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 5.6% during the 3rd quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after purchasing an additional 2,436,012 shares during the last quarter. International Assets Investment Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 5,209.5% during the 3rd quarter. International Assets Investment Management LLC now owns 1,895,439 shares of the company’s stock valued at $100,098,000 after purchasing an additional 1,859,740 shares during the period. Cerity Partners LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 12.4% in the 3rd quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock valued at $814,998,000 after purchasing an additional 1,700,587 shares during the last quarter. Finally, Eastern Bank grew its position in shares of Vanguard FTSE Developed Markets ETF by 171.7% during the 3rd quarter. Eastern Bank now owns 2,065,764 shares of the company’s stock worth $109,093,000 after buying an additional 1,305,539 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $49.93 on Tuesday. The firm has a 50 day simple moving average of $49.03 and a 200 day simple moving average of $50.28. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $46.72 and a fifty-two week high of $53.40. The company has a market cap of $130.82 billion, a price-to-earnings 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.