Canvas Wealth Advisors LLC Boosts Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Canvas Wealth Advisors LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 17.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 21,469 shares of the company’s stock after purchasing an additional 3,175 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,027,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VEA. Kozak & Associates Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after acquiring an additional 410 shares in the last quarter. Decker Retirement Planning Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $29,000. Keystone Financial Group Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth $32,000. Lummis Asset Management LP bought a new stake in Vanguard FTSE Developed Markets ETF in the third quarter worth $34,000. Finally, Crews Bank & Trust bought a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth $37,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.8 %

Shares of NYSEARCA:VEA opened at $50.21 on Monday. The stock has a market capitalization of $131.55 billion, a P/E ratio of 13.32 and a beta of 0.88. The stock’s 50-day moving average price is $49.13 and its 200-day moving average price is $50.22. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.72 and a 12-month high of $53.40.

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.