Mission Wealth Management LP Raises Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Mission Wealth Management LP grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.8% during the 4th quarter, HoldingsChannel reports. The firm owned 1,325,069 shares of the company’s stock after purchasing an additional 96,390 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 2.1% of Mission Wealth Management LP’s holdings, making the stock its 10th largest position. Mission Wealth Management LP’s holdings in Vanguard FTSE Developed Markets ETF were worth $63,471,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VEA. Wetzel Investment Advisors Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $26,000. Versant Capital Management Inc acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $29,000. First Command Advisory Services Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 81.3% in the 4th quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock valued at $33,000 after purchasing an additional 309 shares during the period. Investment Research & Advisory Group Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 273.9% in the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after purchasing an additional 515 shares during the period. Finally, Orion Capital Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at about $40,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.4 %

VEA stock traded down $0.69 during trading on Tuesday, reaching $48.46. 10,082,563 shares of the stock were exchanged, compared to its average volume of 11,509,882. The firm’s 50 day moving average is $49.25 and its 200 day moving average is $47.12. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $50.36. The firm has a market cap of $126.97 billion, a P/E ratio of 13.31 and a beta of 0.88.

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.