One Degree Advisors Inc Increases Stake in Vanguard FTSE Developed Markets ETF

One Degree Advisors Inc has recently announced an increase in its investment in the Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA). According to the latest filing with the Securities and Exchange Commission, the firm raised its position by 0.9% in the third quarter. Following this adjustment, One Degree Advisors now owns a total of 268,617 shares in the ETF after acquiring an additional 2,276 shares during this period.

The Vanguard FTSE Developed Markets ETF forms a significant part of One Degree Advisors’ investment strategy, representing 6.0% of their overall portfolio. As of the end of the most recent quarter, the value of One Degree Advisors' stake in this ETF stood at approximately $14,231,000, making it their third largest investment.

Other Institutional Investors Modify Holdings

Several large investors have also recently adjusted their positions in the Vanguard FTSE Developed Markets ETF. For instance, Strategic Financial Concepts LLC made a remarkable increase by 6,005.9% in the second quarter, acquiring a total of 8,308,691 shares valued at around $410,616,000. Creative Planning similarly boosted their investment by 4.9%, now holding 139,777,262 shares worth approximately $6,907,792,000 after purchasing an additional 6,565,775 shares.

Moreover, Cetera Investment Advisers increased its stake by 147.9% in the first quarter, owning 4,577,042 shares valued at $229,630,000, following a purchase of an additional 2,730,944 shares. Northwestern Mutual Wealth Management Co. and Mercer Global Advisors Inc. ADV have also ramped up their investments in the ETF during the second quarter, with respective increases of approximately 4.9% and 10.6%.

Vanguard FTSE Developed Markets ETF Performance

The Vanguard FTSE Developed Markets ETF opened at $51.83, reflecting a 0.6% increase in trading. With a market capitalization of $135.79 billion, the ETF holds a P/E ratio of 13.32 and a beta of 0.88. Over the last year, it has fluctuated between a low of $41.48 and a high of $53.40, with current moving averages noted at $51.68 for the 50-day and $50.49 for the 200-day periods.

Overview of Vanguard FTSE Developed Markets ETF

The Vanguard FTSE Developed Markets ETF (VEA) is an exchange-traded fund primarily focused on tracking a market-cap weighted index consisting of large-, mid-, and small-cap stocks from developed markets outside the United States. The fund entered the market on July 20, 2007, and is managed by Vanguard, one of the leading investment management companies.

investment, ETF, Vanguard