Beacon Investment Advisory Services Inc. Purchases 31,956 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Beacon Investment Advisory Services Inc. grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 638,772 shares of the company’s stock after purchasing an additional 31,956 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 1.4% of Beacon Investment Advisory Services Inc.’s investment portfolio, making the stock its 24th largest holding. Beacon Investment Advisory Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $33,734,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Sageworth Trust Co of South Dakota grew its holdings in Vanguard FTSE Developed Markets ETF by 7.1% during the third quarter. Sageworth Trust Co of South Dakota now owns 28,834 shares of the company’s stock worth $1,523,000 after purchasing an additional 1,906 shares during the period. Richard W. Paul & Associates LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.8% during the 2nd quarter. Richard W. Paul & Associates LLC now owns 16,900 shares of the company’s stock worth $835,000 after acquiring an additional 924 shares during the last quarter. XML Financial LLC raised its stake in Vanguard FTSE Developed Markets ETF by 5.9% in the 2nd quarter. XML Financial LLC now owns 4,719 shares of the company’s stock valued at $233,000 after acquiring an additional 262 shares during the period. Tenon Financial LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.3% during the 3rd quarter. Tenon Financial LLC now owns 231,747 shares of the company’s stock valued at $12,239,000 after purchasing an additional 5,154 shares during the last quarter. Finally, Raymond James & Associates boosted its position in Vanguard FTSE Developed Markets ETF by 3.1% during the second quarter. Raymond James & Associates now owns 3,978,354 shares of the company’s stock worth $196,610,000 after purchasing an additional 118,792 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $50.30 on Monday. The firm has a market capitalization of $131.79 billion, a PE ratio of 13.32 and a beta of 0.88. The company’s 50-day moving average is $50.87 and its 200-day moving average is $50.66. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.76 and a fifty-two 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.