Davis R M Inc. Acquires 193,100 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Davis R M Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 12.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,784,595 shares of the company’s stock after buying an additional 193,100 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 1.7% of Davis R M Inc.’s investment portfolio, making the stock its 15th largest holding. Davis R M Inc. owned approximately 0.07% of Vanguard FTSE Developed Markets ETF worth $85,339,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Independent Advisor Alliance grew its position in Vanguard FTSE Developed Markets ETF by 7,381.1% during the fourth quarter. Independent Advisor Alliance now owns 371,735 shares of the company’s stock valued at $17,776,000 after buying an additional 366,766 shares during the period. Johnson Investment Counsel Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 12.3% in the fourth quarter. Johnson Investment Counsel Inc. now owns 1,391,563 shares of the company’s stock worth $66,545,000 after purchasing an additional 152,555 shares during the period. Objectivity Squared LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 4.5% in the fourth quarter. Objectivity Squared LLC now owns 208,916 shares of the company’s stock worth $9,930,000 after purchasing an additional 8,984 shares during the period. Midland Wealth Advisors LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 12.3% in the fourth quarter. Midland Wealth Advisors LLC now owns 59,852 shares of the company’s stock worth $2,862,000 after purchasing an additional 6,549 shares during the period. Finally, Voisard Asset Management Group Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 24.5% in the fourth quarter. Voisard Asset Management Group Inc. now owns 4,495 shares of the company’s stock worth $215,000 after purchasing an additional 885 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $51.37 on Tuesday. The firm has a market cap of $144.35 billion, a P/E ratio of 16.75 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 1-year low of $46.80 and a 1-year high of $53.40. The company has a 50 day simple moving average of $50.01 and a two-hundred day simple moving average of $50.47.

About Vanguard FTSE Developed Markets ETF

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.