Kovack Advisors Inc. Has $2.57 Million Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Kovack Advisors Inc. raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 48,610 shares of the company’s stock after buying an additional 1,341 shares during the quarter. Kovack Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,567,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VEA. Parthenon LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the third quarter. Parthenon LLC now owns 82,011 shares of the company’s stock valued at $4,331,000 after purchasing an additional 310 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 7.4% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 212,955 shares of the company’s stock worth $11,246,000 after buying an additional 14,612 shares in the last quarter. Cornerstone Planning Group LLC boosted its position in Vanguard FTSE Developed Markets ETF by 6.1% in the 3rd quarter. Cornerstone Planning Group LLC now owns 1,013,244 shares of the company’s stock valued at $51,382,000 after buying an additional 58,557 shares during the last quarter. Rossmore Private Capital increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.5% in the 3rd quarter. Rossmore Private Capital now owns 344,026 shares of the company’s stock valued at $18,168,000 after buying an additional 4,999 shares during the period. Finally, Encompass Wealth Advisors LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 2.9% during the third quarter. Encompass Wealth Advisors LLC now owns 111,762 shares of the company’s stock valued at $5,902,000 after acquiring an additional 3,141 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.8 %

VEA stock traded down $0.38 during midday trading on Wednesday, reaching $49.03. The stock had a trading volume of 2,515,618 shares, compared to its average volume of 9,519,782. Vanguard FTSE Developed Markets ETF has a twelve month low of $44.65 and a twelve month high of $53.40. The firm has a market cap of $128.46 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The business has a fifty day simple moving average of $51.38 and a two-hundred day simple moving average of $50.69.

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.