Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Bought by Paulson Wealth Management Inc.

Paulson Wealth Management Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 175,677 shares of the company’s stock after acquiring an additional 14,079 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 2.5% of Paulson Wealth Management Inc.’s investment portfolio, making the stock its 10th largest holding. Paulson Wealth Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,278,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in VEA. Strategic Financial Concepts LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 6,005.9% in the second quarter. Strategic Financial Concepts LLC now owns 8,308,691 shares of the company’s stock worth $410,616,000 after purchasing an additional 8,172,614 shares in the last quarter. Creative Planning boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the 2nd quarter. Creative Planning now owns 139,777,262 shares of the company’s stock worth $6,907,792,000 after buying an additional 6,565,775 shares during the last quarter. Cetera Investment Advisers raised its holdings in Vanguard FTSE Developed Markets ETF by 147.9% during the first quarter. Cetera Investment Advisers now owns 4,577,042 shares of the company’s stock worth $229,630,000 after acquiring an additional 2,730,944 shares in the last quarter. WealthNavi Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 5.6% in the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock valued at $2,434,309,000 after purchasing an additional 2,436,012 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock worth $2,518,573,000 after purchasing an additional 2,402,484 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.6 %

NYSEARCA:VEA opened at $49.41 on Wednesday. The firm has a fifty day simple moving average of $51.43 and a 200 day simple moving average of $50.69. Vanguard FTSE Developed Markets ETF has a 1-year low of $43.55 and a 1-year high of $53.40. The stock has a market capitalization of $129.45 billion, a PE ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF 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.