Axos Invest Inc. Purchases 54,293 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Axos Invest Inc. lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 575,309 shares of the company’s stock after purchasing an additional 54,293 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 20.0% of Axos Invest Inc.’s investment portfolio, making the stock its 2nd biggest holding. Axos Invest Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $27,511,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Hoxton Planning & Management LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at approximately $249,000. Future Financial Wealth Managment LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth $117,000. West Financial Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 4.9% in the 3rd quarter. West Financial Advisors LLC now owns 1,002,569 shares of the company’s stock valued at $52,946,000 after buying an additional 47,167 shares during the last quarter. O Connor Financial Group LLC increased its stake in Vanguard FTSE Developed Markets ETF by 3.8% in the 3rd quarter. O Connor Financial Group LLC now owns 6,108 shares of the company’s stock valued at $323,000 after buying an additional 221 shares during the period. Finally, Marcum Wealth LLC raised its position in Vanguard FTSE Developed Markets ETF by 2.6% during the 3rd quarter. Marcum Wealth LLC now owns 1,244,394 shares of the company’s stock worth $65,716,000 after buying an additional 31,244 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $50.61 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $46.72 and a one year high of $53.40. The company has a fifty day moving average of $49.11 and a 200-day moving average of $50.22. The stock has a market capitalization of $132.60 billion, a PE ratio of 13.32 and a beta of 0.88.

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.