One Degree Advisors Inc Increases Holdings in Vanguard FTSE Developed Markets ETF

One Degree Advisors Inc has announced a 0.9% increase in its position in the Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) during the third quarter, as per their most recent filing with the Securities and Exchange Commission (SEC). Following this change, the firm now holds 268,617 shares of VEA after acquiring an additional 2,276 shares within the quarter. This particular ETF now represents 6.0% of One Degree Advisors Inc's total investment portfolio, thus positioning it as the third largest holding for the firm. By the close of the last quarter, the value of One Degree Advisors Inc's stake in the Vanguard FTSE Developed Markets ETF was approximately $14,231,000.

Several other institutional investors have also recently altered their positions in VEA. For instance, Strategic Financial Concepts LLC significantly boosted its stake by a staggering 6,005.9% during the second quarter. This increase allowed them to accumulate 8,308,691 shares worth an impressive $410,616,000 after they purchased an additional 8,172,614 shares over the quarter. Meanwhile, Creative Planning raised its holdings by 4.9%, bringing their total to 139,777,262 shares valued at $6,907,792,000 after acquiring 6,565,775 shares in the prior quarter.

Cetera Investment Advisers also increased their position in VEA by 147.9% during the first quarter, now owning 4,577,042 shares worth around $229,630,000 after an additional purchase of 2,730,944 shares. Furthermore, Northwestern Mutual Wealth Management Co. lifted its stake by 4.9%, resulting in ownership of 50,962,305 shares valued at $2,518,573,000, which came after acquiring an additional 2,402,484 shares in the previous quarter. Lastly, Mercer Global Advisors Inc. ADV increased its holdings by 10.6% in the second quarter, resulting in ownership of 19,366,592 shares valued at $948,309,000 after buying an additional 1,860,937 shares.

Recent Trading Activity for Vanguard FTSE Developed Markets ETF

The Vanguard FTSE Developed Markets ETF opened at a price of $51.83 on Monday. The ETF currently has a market capitalization of $135.79 billion, with a Price to Earnings (P/E) ratio of 13.32 and a beta of 0.88, indicating a relatively low volatility compared to the market. Over the past fifty days, the stock has maintained a simple moving average of $51.68, with a longer-term 200-day simple moving average at $50.49. Notably, VEA registered a 12-month low of $41.48 and a high of $53.40, showcasing a range of performance throughout the year.

Overview of Vanguard FTSE Developed Markets ETF

The Vanguard FTSE Developed Markets ETF, identified by the ticker VEA, is an exchange-traded fund that focuses on a complete market equity investment strategy. The fund aims to track a market-cap weighted index that encompasses large-, mid- and small-cap stocks from developed markets outside of the United States. Launched on July 20, 2007, this ETF is managed by Vanguard, known for its reputation in low-cost investment options.

investment, ETF, Vanguard