Opes Wealth Management LLC Has $6.35 Million Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Opes Wealth Management LLC raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.0% in the fourth quarter, Holdings Channel reports. The fund owned 132,647 shares of the company’s stock after acquiring an additional 1,282 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 1.5% of Opes Wealth Management LLC’s portfolio, making the stock its 22nd biggest position. Opes Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,354,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mcmorgan & Co. LLC grew its stake in Vanguard FTSE Developed Markets ETF by 1.2% in the fourth quarter. Mcmorgan & Co. LLC now owns 19,325 shares of the company’s stock valued at $811,000 after acquiring an additional 221 shares during the period. Wolff Wiese Magana LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 27.6% during the fourth quarter. Wolff Wiese Magana LLC now owns 1,046 shares of the company’s stock worth $50,000 after buying an additional 226 shares during the period. Optimum Investment Advisors boosted its position in shares of Vanguard FTSE Developed Markets ETF by 2.7% during the third quarter. Optimum Investment Advisors now owns 9,022 shares of the company’s stock worth $394,000 after buying an additional 233 shares during the period. Red Tortoise LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 0.7% during the fourth quarter. Red Tortoise LLC now owns 36,081 shares of the company’s stock worth $1,728,000 after buying an additional 235 shares during the period. Finally, Emerald Advisors LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 3.6% during the fourth quarter. Emerald Advisors LLC now owns 6,896 shares of the company’s stock worth $330,000 after buying an additional 237 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.1 %

Shares of VEA stock traded down $0.05 on Thursday, hitting $47.83. 13,900,267 shares of the stock were exchanged, compared to its average volume of 11,745,382. The firm has a market capitalization of $125.31 billion, a P/E ratio of 13.31 and a beta of 0.88. The business has a 50-day moving average of $49.12 and a 200 day moving average of $46.80. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $50.36.

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.