Kestra Investment Management LLC Invests $479,000 in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Kestra Investment Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 9,066 shares of the company’s stock, valued at approximately $479,000.

Other hedge funds also recently modified their holdings of the company. Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,005.9% during the 2nd quarter. Strategic Financial Concepts LLC now owns 8,308,691 shares of the company’s stock worth $410,616,000 after buying an additional 8,172,614 shares during the period. Creative Planning boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the 2nd quarter. Creative Planning now owns 139,777,262 shares of the company’s stock worth $6,907,792,000 after buying an additional 6,565,775 shares during the period. WealthNavi Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.6% during the 3rd quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after buying an additional 2,436,012 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock worth $2,518,573,000 after buying an additional 2,402,484 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 10.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock worth $948,309,000 after buying an additional 1,860,937 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock 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 fifty day moving average price of $50.87 and a two-hundred day moving average price of $50.66. The company has a market cap of $131.79 billion, a PE ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Company 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.