Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Purchased by Valmark Advisers Inc.

Valmark Advisers Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,643,989 shares of the company’s stock after acquiring an additional 659,713 shares during the period. Vanguard FTSE Developed Markets ETF comprises 8.6% of Valmark Advisers Inc.’s portfolio, making the stock its largest holding. Valmark Advisers Inc. owned approximately 0.44% of Vanguard FTSE Developed Markets ETF worth $556,816,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Creative Planning raised its position in Vanguard FTSE Developed Markets ETF by 3.8% during the third quarter. Creative Planning now owns 145,118,743 shares of the company’s stock worth $7,663,721,000 after acquiring an additional 5,341,481 shares during the last quarter. WealthNavi Inc. raised its position in Vanguard FTSE Developed Markets ETF by 5.6% during the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after acquiring an additional 2,436,012 shares during the last quarter. LPL Financial LLC raised its position in Vanguard FTSE Developed Markets ETF by 4.5% during the third quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock worth $1,176,781,000 after acquiring an additional 954,457 shares during the last quarter. Captrust Financial Advisors raised its position in Vanguard FTSE Developed Markets ETF by 7.2% during the third quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock worth $867,773,000 after acquiring an additional 1,103,351 shares during the last quarter. Finally, Cerity Partners LLC raised its position in Vanguard FTSE Developed Markets ETF by 12.4% during the third quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock worth $814,998,000 after acquiring an additional 1,700,587 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.0 %

Shares of VEA opened at $51.51 on Friday. The stock has a market cap of $134.96 billion, a P/E ratio of 13.32 and a beta of 0.88. The company has a 50-day moving average of $49.17 and a two-hundred day moving average of $50.26. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.79 and a 12-month high of $53.40.

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.