Sterling Investment Advisors Ltd. Makes New Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sterling Investment Advisors Ltd. acquired a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,192 shares of the company’s stock, valued at approximately $274,000.

A number of other hedge funds also recently modified their holdings of the company. Creative Planning lifted its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% during the 3rd quarter. Creative Planning now owns 145,118,743 shares of the company’s stock worth $7,663,721,000 after buying an additional 5,341,481 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock worth $2,518,573,000 after buying an additional 2,402,484 shares during the period. WealthNavi Inc. lifted its position in shares of 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 buying an additional 2,436,012 shares during the period. LPL Financial LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 4.3% during the 2nd quarter. LPL Financial LLC now owns 21,328,841 shares of the company’s stock valued at $1,054,071,000 after purchasing an additional 881,611 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in Vanguard FTSE Developed Markets ETF by 10.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock valued at $948,309,000 after purchasing an additional 1,860,937 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.3 %

VEA stock traded down $0.16 during midday trading on Friday, reaching $50.51. 6,463,326 shares of the company’s stock traded hands, compared to its average volume of 9,507,380. The company has a 50-day simple moving average of $51.76 and a two-hundred day simple moving average of $50.52. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $53.40. The company has a market cap of $132.34 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF 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.