Motive Wealth Advisors Grows Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Motive Wealth Advisors increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 12.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 333,745 shares of the company’s stock after acquiring an additional 36,777 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 8.6% of Motive Wealth Advisors’ portfolio, making the stock its largest position. Motive Wealth Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $15,960,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Cornerstone Wealth Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 6.4% in the fourth quarter. Cornerstone Wealth Management LLC now owns 48,748 shares of the company’s stock valued at $2,331,000 after acquiring an additional 2,916 shares during the period. Brighton Jones LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares during the last quarter. Montecito Bank & Trust increased its position in shares of Vanguard FTSE Developed Markets ETF by 0.9% during the 4th quarter. Montecito Bank & Trust now owns 40,054 shares of the company’s stock worth $1,915,000 after purchasing an additional 344 shares in the last quarter. New Century Financial Group LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 1.4% during the 4th quarter. New Century Financial Group LLC now owns 42,863 shares of the company’s stock valued at $2,057,000 after purchasing an additional 579 shares during the last quarter. Finally, Apeiron RIA LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 4.9% during the 4th quarter. Apeiron RIA LLC now owns 12,522 shares of the company’s stock valued at $599,000 after purchasing an additional 580 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.7 %

Shares of Vanguard FTSE Developed Markets ETF stock opened at $49.74 on Friday. The stock has a market capitalization of $130.32 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The firm’s 50-day moving average price is $49.00 and its two-hundred day moving average price is $50.29. Vanguard FTSE Developed Markets ETF has a 1-year low of $46.72 and a 1-year high of $53.40.

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.