Sovran Advisors LLC Makes New Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sovran Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 41,641 shares of the company’s stock, valued at approximately $1,981,000.

A number of other institutional investors have also recently made changes to their positions in VEA. Sound Income Strategies LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 109.4% in the third quarter. Sound Income Strategies LLC now owns 7,156 shares of the company’s stock valued at $378,000 after purchasing an additional 3,738 shares during the period. Affiance Financial LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.1% in the 3rd quarter. Affiance Financial LLC now owns 469,276 shares of the company’s stock valued at $24,782,000 after buying an additional 5,279 shares during the period. Patriot Investment Management Group Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the third quarter. Patriot Investment Management Group Inc. now owns 1,226,113 shares of the company’s stock worth $64,751,000 after buying an additional 24,862 shares in the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth approximately $154,000. Finally, Elk River Wealth Management LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $203,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.6 %

Shares of Vanguard FTSE Developed Markets ETF stock opened at $50.53 on Tuesday. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.72 and a 52-week high of $53.40. The company has a 50 day moving average of $49.13 and a 200 day moving average of $50.22. The company has a market capitalization of $132.39 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.