Fiduciary Advisors Inc. Makes New Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Fiduciary Advisors Inc. acquired a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 120,752 shares of the company’s stock, valued at approximately $5,774,000. Vanguard FTSE Developed Markets ETF accounts for 5.8% of Fiduciary Advisors Inc.’s investment portfolio, making the stock its 6th largest position.

A number of other institutional investors have also made changes to their positions in the business. Patriot Financial Group Insurance Agency LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock worth $3,482,000 after purchasing an additional 205 shares during the period. Optimum Investment Advisors increased its stake in Vanguard FTSE Developed Markets ETF by 1.7% during the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock valued at $668,000 after acquiring an additional 207 shares during the period. Olistico Wealth LLC increased its stake in Vanguard FTSE Developed Markets ETF by 13.9% during the third quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock valued at $90,000 after acquiring an additional 208 shares during the period. MTM Investment Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 1.5% during the third quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock valued at $743,000 after acquiring an additional 208 shares during the period. Finally, O Connor Financial Group LLC increased its stake in Vanguard FTSE Developed Markets ETF by 3.4% during the fourth quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after acquiring an additional 210 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 1.1 %

Shares of VEA opened at $50.42 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.72 and a 12-month high of $53.40. The firm has a market capitalization of $132.10 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The stock’s 50-day moving average price is $49.06 and its 200 day moving average price is $50.26.

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.