Beacon Investment Advisory Services Inc. Buys 31,956 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Beacon Investment Advisory Services Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 638,772 shares of the company’s stock after purchasing an additional 31,956 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 1.4% of Beacon Investment Advisory Services Inc.’s investment portfolio, making the stock its 24th largest position. Beacon Investment Advisory Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $33,734,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Transcendent Capital Group LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 101.2% during the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after acquiring an additional 256 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth approximately $31,000. Spectrum Wealth Counsel LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $33,000. Lummis Asset Management LP purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter valued at approximately $34,000. Finally, Abich Financial Wealth Management LLC grew its holdings in 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 buying an additional 713 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $50.30 on Monday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.76 and a fifty-two week high of $53.40. The firm has a market capitalization of $131.79 billion, a P/E ratio of 13.32 and a beta of 0.88. The company’s 50-day moving average is $50.87 and its 200 day moving average is $50.66.

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.