One Degree Advisors Inc Increases Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

One Degree Advisors Inc has increased its investment in the Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.9% during the third quarter, based on its latest filing with the Securities and Exchange Commission. After acquiring an extra 2,276 shares during this period, the firm now holds a total of 268,617 shares of the ETF. This investment represents approximately 6.0% of One Degree Advisors Inc’s overall portfolio, ranking it as the firm’s third-largest holding. As of the end of the latest quarter, these holdings were valued around $14,231,000.

Several other major investors have also recently adjusted their stakes in the Vanguard FTSE Developed Markets ETF. For instance, Strategic Financial Concepts LLC remarkably boosted its holdings by 6,005.9% in the second quarter, acquiring an additional 8,172,614 shares. This brought its total shares to 8,308,691, valued at approximately $410,616,000. Furthermore, Creative Planning raised its investment by 4.9% during the same quarter, now owning 139,777,262 shares worth around $6,907,792,000 after adding 6,565,775 shares.

Additionally, Cetera Investment Advisers increased its stake by 147.9% in the first quarter, bringing its total to 4,577,042 shares valued at $229,630,000 after acquiring an extra 2,730,944 shares. Northwestern Mutual Wealth Management Co. enhanced its holdings by 4.9%, now owning 50,962,305 shares valued at about $2,518,573,000 after increasing its stake by 2,402,484 shares. Lastly, Mercer Global Advisors Inc. ADV raised its holdings by 10.6%, owning 19,366,592 shares with a value of $948,309,000 after acquiring 1,860,937 additional shares.

Current Stock Performance of Vanguard FTSE Developed Markets ETF

On a recent trading day, shares of the Vanguard FTSE Developed Markets ETF opened at $51.83. The ETF has a market capitalization of $135.79 billion and a price-to-earnings (P/E) ratio of 13.32. The beta of the ETF is recorded at 0.88, indicating lower volatility in comparison to the broader market. The stock has been trading with a 50-day simple moving average of $51.68 and a 200-day simple moving average of $50.49. The ETF has a 12-month low of $41.48 and a high of $53.40, reflecting its price range over the past year.

About Vanguard FTSE Developed Markets ETF

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that primarily invests in the total equity market. It aims to track a market-cap weighted index comprising large-, mid-, and small-cap stocks from developed markets outside of the United States. This ETF was launched on July 20, 2007, and it is managed by Vanguard.

Follow-up Actions - Investors interested in understanding the movements around Vanguard FTSE Developed Markets ETF can also discover insights into holdings from various hedge funds and track the latest 13F filings.

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