CGN Advisors LLC Raises Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

CGN Advisors LLC increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 186,421 shares of the company’s stock after purchasing an additional 13,949 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 0.9% of CGN Advisors LLC’s investment portfolio, making the stock its 26th biggest position. CGN Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,915,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Kozak & Associates Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares during the period. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $29,000. Lummis Asset Management LP acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at about $34,000. Abich Financial Wealth Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% during the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after acquiring an additional 713 shares during the last quarter. Finally, Fairscale Capital LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth about $38,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $48.57 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $46.33 and a one year high of $53.40. The stock has a 50-day moving average price of $49.05 and a 200 day moving average price of $50.31. The company has a market capitalization of $127.25 billion, a P/E 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.