Sanctuary Advisors LLC Acquires New Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sanctuary Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the second quarter, HoldingsChannel reports. The firm purchased 1,202,673 shares of the company’s stock, valued at approximately $58,787,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Creekside Partners bought a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $5,388,000. New Wave Wealth Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $260,000. New Century Financial Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $1,835,000. Advisory Alpha LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 13.8% in the second quarter. Advisory Alpha LLC now owns 4,898 shares of the company’s stock worth $242,000 after buying an additional 593 shares during the last quarter. Finally, Truist Financial Corp raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.5% in the second quarter. Truist Financial Corp now owns 2,594,341 shares of the company’s stock worth $128,212,000 after acquiring an additional 38,790 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.7 %

VEA stock opened at $52.44 on Wednesday. The stock has a market capitalization of $137.39 billion, a P/E ratio of 13.32 and a beta of 0.88. The firm has a 50-day simple moving average of $51.00 and a 200-day simple moving average of $50.31. Vanguard FTSE Developed Markets ETF has a 52 week low of $41.48 and a 52 week high of $53.40.

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.