Princeton Global Asset Management LLC Grows Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Princeton Global Asset Management LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 54.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 5,799 shares of the company’s stock after acquiring an additional 2,035 shares during the period. Princeton Global Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $306,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Creative Planning increased its stake in 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 valued at $7,663,721,000 after purchasing an additional 5,341,481 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock valued at $2,518,573,000 after buying an additional 2,402,484 shares during the last quarter. WealthNavi Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 5.6% in the 3rd quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock valued at $2,434,309,000 after acquiring an additional 2,436,012 shares during the period. LPL Financial LLC raised its stake in Vanguard FTSE Developed Markets ETF by 4.3% in the 2nd quarter. LPL Financial LLC now owns 21,328,841 shares of the company’s stock worth $1,054,071,000 after acquiring an additional 881,611 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its position 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 worth $948,309,000 after acquiring an additional 1,860,937 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $50.21 on Monday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $43.29 and a fifty-two week high of $53.40. The firm has a market capitalization of $131.55 billion, a PE ratio of 13.32 and a beta of 0.88. The stock’s 50-day simple moving average is $51.64 and its 200-day simple moving average is $50.60.

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.