Summit Wealth Partners LLC Buys 1,801 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Summit Wealth Partners LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 14.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,147 shares of the company’s stock after acquiring an additional 1,801 shares during the quarter. Summit Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $747,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Bangor Savings Bank grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.4% in the second quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock valued at $2,535,000 after buying an additional 201 shares in the last quarter. Sunbelt Securities Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock valued at $578,000 after buying an additional 205 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew 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 valued at $3,482,000 after buying an additional 205 shares in the last quarter. Optimum Investment Advisors grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock valued at $668,000 after buying an additional 207 shares in the last quarter. Finally, Olistico Wealth LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 13.9% in the third quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock valued at $90,000 after buying an additional 208 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.7 %

NYSEARCA:VEA opened at $50.10 on Friday. The firm has a fifty day simple moving average of $51.69 and a 200 day simple moving average of $50.55. Vanguard FTSE Developed Markets ETF has a 1-year low of $42.03 and a 1-year high of $53.40. The stock has a market capitalization of $131.26 billion, a PE 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.