Cannon Financial Strategists Inc. Grows Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Cannon Financial Strategists Inc. raised its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 20,251 shares of the company’s stock after purchasing an additional 576 shares during the quarter. Cannon Financial Strategists Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $968,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Kozak & Associates Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after acquiring an additional 410 shares during the period. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $29,000. Keystone Financial Group Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $32,000. Lummis Asset Management LP purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at about $34,000. Finally, Crews Bank & Trust purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $37,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.7 %

Shares of VEA opened at $51.86 on Wednesday. The firm’s 50-day moving average price is $49.22 and its 200-day moving average price is $50.29. The firm has a market capitalization of $135.87 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1-year low of $46.79 and a 1-year high of $53.40.

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.