Advance Capital Management Inc. Grows Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Advance Capital Management Inc. boosted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 14.3% during the 4th quarter, HoldingsChannel reports. The fund owned 13,711 shares of the company’s stock after buying an additional 1,711 shares during the period. Advance Capital Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $656,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Silver Lake Advisory LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $7,496,000. Ironwood Wealth Management LLC. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 6.4% in the second quarter. Ironwood Wealth Management LLC. now owns 74,598 shares of the company’s stock worth $3,687,000 after purchasing an additional 4,474 shares in the last quarter. TD Asset Management Inc increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 15.2% during the second quarter. TD Asset Management Inc now owns 709,806 shares of the company’s stock valued at $35,079,000 after purchasing an additional 93,641 shares during the period. Great Lakes Advisors LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 14.5% during the second quarter. Great Lakes Advisors LLC now owns 78,326 shares of the company’s stock valued at $3,871,000 after purchasing an additional 9,934 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 6,005.9% in the second quarter. Strategic Financial Concepts LLC now owns 8,308,691 shares of the company’s stock worth $410,616,000 after purchasing an additional 8,172,614 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 1.0 %

Vanguard FTSE Developed Markets ETF stock traded up $0.47 during trading hours on Monday, hitting $48.47. 11,839,591 shares of the company traded hands, compared to its average volume of 12,958,521. The firm’s 50-day simple moving average is $49.50 and its two-hundred day simple moving average is $50.41. The firm has a market cap of $126.99 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.91 and a 1-year high of $53.40.

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.