LongView Wealth Management Purchases 8,118 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

LongView Wealth Management boosted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 21.9% during the 1st quarter, Holdings Channel reports. The firm owned 45,125 shares of the company’s stock after buying an additional 8,118 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 0.9% of LongView Wealth Management’s holdings, making the stock its 28th biggest position. LongView Wealth Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,264,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Cerity Partners LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 63.5% during the 4th quarter. Cerity Partners LLC now owns 18,972,495 shares of the company’s stock valued at $908,783,000 after buying an additional 7,370,621 shares in the last quarter. Morningstar Investment Services LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 97.1% during the 4th quarter. Morningstar Investment Services LLC now owns 12,663,672 shares of the company’s stock valued at $606,716,000 after buying an additional 6,238,875 shares in the last quarter. Pathstone Holdings LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $238,242,000. Envestnet Asset Management Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock valued at $4,251,307,000 after buying an additional 3,279,281 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of Vanguard FTSE Developed Markets ETF by 25.7% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 12,601,491 shares of the company’s stock valued at $550,937,000 after buying an additional 2,577,793 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA traded up $0.04 during mid-day trading on Friday, hitting $49.42. 9,419,130 shares of the company’s stock traded hands, compared to its average volume of 10,583,810. The company’s 50-day moving average is $49.99 and its two-hundred day moving average is $48.87. The company has a market capitalization of $129.48 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 $41.48 and a 1 year high of $51.28.

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.