Legacy Financial Advisors Inc. Increases Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Legacy Financial Advisors Inc. raised its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,979 shares of the company’s stock after purchasing an additional 3,108 shares during the quarter. Legacy Financial Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,154,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Planning raised its position in Vanguard FTSE Developed Markets ETF by 1.4% in the third quarter. Creative Planning now owns 124,132,310 shares of the company’s stock valued at $5,427,065,000 after purchasing an additional 1,726,718 shares during the period. Betterment LLC raised its position in Vanguard FTSE Developed Markets ETF by 2.6% in the third quarter. Betterment LLC now owns 108,000,000 shares of the company’s stock valued at $4,735,356,000 after purchasing an additional 2,711,916 shares during the period. Jones Financial Companies Lllp raised its position in Vanguard FTSE Developed Markets ETF by 1.8% in the third quarter. Jones Financial Companies Lllp now owns 76,186,378 shares of the company’s stock valued at $3,330,868,000 after purchasing an additional 1,341,616 shares during the period. Morgan Stanley raised its position in Vanguard FTSE Developed Markets ETF by 3.7% in the third quarter. Morgan Stanley now owns 54,759,270 shares of the company’s stock valued at $2,394,075,000 after purchasing an additional 1,930,476 shares during the period. Finally, WealthNavi Inc. raised its position in Vanguard FTSE Developed Markets ETF by 2.5% in the fourth quarter. WealthNavi Inc. now owns 40,170,244 shares of the company’s stock valued at $1,924,155,000 after purchasing an additional 965,155 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock traded up $0.45 during trading hours on Friday, reaching $49.56. 11,883,003 shares of the company were exchanged, compared to its average volume of 11,600,427. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $50.36. The stock’s fifty day moving average is $49.28 and its 200 day moving average is $47.22. The firm has a market cap of $129.85 billion, a PE ratio of 13.32 and a beta of 0.88.

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.