Bestgate Wealth Advisors LLC Purchases New Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Bestgate Wealth Advisors LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 91,630 shares of the company’s stock, valued at approximately $4,382,000. Vanguard FTSE Developed Markets ETF comprises 8.8% of Bestgate Wealth Advisors LLC’s portfolio, making the stock its 2nd largest holding.

Several other large investors have also bought and sold shares of the company. Brown Lisle Cummings Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 5.5% in the 4th quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock valued at $184,000 after acquiring an additional 200 shares during the last quarter. MTM Investment Management LLC raised its position in Vanguard FTSE Developed Markets ETF by 1.5% in the 3rd quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock worth $743,000 after purchasing an additional 208 shares during the period. O Connor Financial Group LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.4% during the 4th quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock worth $302,000 after acquiring an additional 210 shares during the last quarter. O Dell Group LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the fourth quarter. O Dell Group LLC now owns 16,346 shares of the company’s stock worth $782,000 after purchasing an additional 216 shares during the last quarter. Finally, Crewe Advisors LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the fourth quarter. Crewe Advisors LLC now owns 29,257 shares of the company’s stock worth $1,399,000 after acquiring an additional 230 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $52.75 on Wednesday. The stock has a market cap of $148.23 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. The firm’s 50-day moving average is $50.48 and its two-hundred day moving average is $50.45. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.80 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.