Strategic Financial Concepts LLC Purchases 42,856 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Strategic Financial Concepts LLC grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 23.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 226,653 shares of the company’s stock after purchasing an additional 42,856 shares during the period. Strategic Financial Concepts LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $10,839,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of VEA. Allworth Financial LP lifted its position in shares of Vanguard FTSE Developed Markets ETF by 4.5% in the fourth quarter. Allworth Financial LP now owns 393,728 shares of the company’s stock worth $19,450,000 after purchasing an additional 16,789 shares in the last quarter. Principal Securities Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 23.2% in the 4th quarter. Principal Securities Inc. now owns 448,632 shares of the company’s stock valued at $21,454,000 after buying an additional 84,404 shares during the last quarter. Lakeridge Wealth Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 5.6% during the 4th quarter. Lakeridge Wealth Management LLC now owns 5,715 shares of the company’s stock worth $273,000 after buying an additional 302 shares in the last quarter. Bluestem Financial Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.5% during the 4th quarter. Bluestem Financial Advisors LLC now owns 96,448 shares of the company’s stock worth $4,612,000 after buying an additional 511 shares during the last quarter. Finally, Montag A & Associates Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 194.5% in the 4th quarter. Montag A & Associates Inc. now owns 28,791 shares of the company’s stock valued at $1,377,000 after acquiring an additional 19,014 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $51.51 on Friday. The stock’s 50-day simple moving average is $49.17 and its 200 day simple moving average is $50.26. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.79 and a 52-week high of $53.40. The company has a market cap of $134.96 billion, a P/E ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Company 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.