Burt Wealth Advisors Buys 33,585 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Burt Wealth Advisors increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 296.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 44,911 shares of the company’s stock after acquiring an additional 33,585 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 0.5% of Burt Wealth Advisors’ holdings, making the stock its 26th largest position. Burt Wealth Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $2,148,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Princeton Global Asset Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 54.1% in the third quarter. Princeton Global Asset Management LLC now owns 5,799 shares of the company’s stock valued at $306,000 after acquiring an additional 2,035 shares during the last quarter. Confluence Wealth Services Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 14.5% during the 3rd quarter. Confluence Wealth Services Inc. now owns 12,616 shares of the company’s stock valued at $666,000 after purchasing an additional 1,598 shares during the period. Opes Wealth Management LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the 3rd quarter. Opes Wealth Management LLC now owns 131,437 shares of the company’s stock valued at $6,941,000 after purchasing an additional 335 shares during the last quarter. Lansing Street Advisors grew its position in shares of Vanguard FTSE Developed Markets ETF by 9.3% during the 3rd quarter. Lansing Street Advisors now owns 174,034 shares of the company’s stock worth $9,191,000 after buying an additional 14,819 shares during the period. Finally, Forum Financial Management LP raised its stake in shares of Vanguard FTSE Developed Markets ETF by 8.5% during the third quarter. Forum Financial Management LP now owns 61,841 shares of the company’s stock worth $3,266,000 after buying an additional 4,828 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $51.45 on Tuesday. The firm’s 50 day moving average price is $49.62 and its two-hundred day moving average price is $50.44. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.79 and a 52-week high of $53.40. The stock has a market cap of $144.57 billion, a PE ratio of 16.75 and a beta of 0.92.

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.