Cannon Financial Strategists Inc. Boosts Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Cannon Financial Strategists Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,251 shares of the company’s stock after buying an additional 576 shares during the quarter. Cannon Financial Strategists Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $968,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Kozak & Associates Inc. raised its position in Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares during the period. Decker Retirement Planning Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth $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 purchased a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth $34,000. Finally, Crews Bank & Trust purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth $37,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.7 %

Shares of NYSEARCA:VEA opened at $51.86 on Wednesday. The stock has a market cap of $135.87 billion, a PE ratio of 13.32 and a beta of 0.88. The company’s fifty day moving average is $49.22 and its 200 day moving average is $50.29. Vanguard FTSE Developed Markets ETF has a 52 week low of $46.79 and a 52 week high of $53.40.

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.