Linscomb Wealth Inc. Buys 114,735 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Linscomb Wealth Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,023,145 shares of the company’s stock after purchasing an additional 114,735 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 9.6% of Linscomb Wealth Inc.’s portfolio, making the stock its largest holding. Linscomb Wealth Inc. owned approximately 0.15% of Vanguard FTSE Developed Markets ETF worth $192,387,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in VEA. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 41.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,020 shares of the company’s stock worth $2,226,000 after acquiring an additional 12,379 shares in the last quarter. Lodestar Private Asset Management LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.7% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 218,635 shares of the company’s stock worth $11,546,000 after acquiring an additional 1,493 shares in the last quarter. Nicholas Hoffman & Company LLC. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 7.1% in the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 7,414,014 shares of the company’s stock worth $391,534,000 after acquiring an additional 489,003 shares in the last quarter. Highview Capital Management LLC DE boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.3% in the 3rd quarter. Highview Capital Management LLC DE now owns 184,636 shares of the company’s stock worth $9,751,000 after acquiring an additional 10,865 shares in the last quarter. Finally, Mutual Advisors LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.6% in the 3rd quarter. Mutual Advisors LLC now owns 714,349 shares of the company’s stock worth $36,196,000 after acquiring an additional 17,767 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $51.64 on Thursday. The company has a market capitalization of $145.11 billion, a P/E ratio of 16.75 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a one year low of $46.79 and a one year high of $53.40. The business’s 50 day simple moving average is $49.42 and its 200-day simple moving average is $50.41.

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.