Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is EverSource Wealth Advisors LLC’s Largest Position

EverSource Wealth Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 14.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,034,891 shares of the company’s stock after purchasing an additional 131,115 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 3.9% of EverSource Wealth Advisors LLC’s holdings, making the stock its largest holding. EverSource Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $50,151,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in VEA. Cerity Partners LLC lifted its position in Vanguard FTSE Developed Markets ETF by 63.5% during the fourth quarter. Cerity Partners LLC now owns 18,972,495 shares of the company’s stock valued at $908,783,000 after purchasing an additional 7,370,621 shares during the last quarter. Morningstar Investment Services LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 97.1% in the 4th quarter. Morningstar Investment Services LLC now owns 12,663,672 shares of the company’s stock valued at $606,716,000 after acquiring an additional 6,238,875 shares during the last quarter. Pathstone Holdings LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $238,242,000. Envestnet Asset Management Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 3.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock worth $4,251,307,000 after acquiring an additional 3,279,281 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in Vanguard FTSE Developed Markets ETF by 147.9% during the first quarter. Cetera Investment Advisers now owns 4,577,042 shares of the company’s stock valued at $229,630,000 after purchasing an additional 2,730,944 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock traded down $0.87 on Friday, reaching $48.74. The company had a trading volume of 13,257,177 shares, compared to its average volume of 10,243,673. The firm has a market cap of $127.70 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The firm’s 50-day moving average price is $50.23 and its two-hundred day moving average price is $49.39. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $51.68.

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.