Brookstone Capital Management Boosts Stake in Vanguard ETF by 8.5%

Brookstone Capital Management has increased its investment in the Vanguard FTSE Developed Markets ETF (NYSEARCA: VEA) by 8.5% during the second quarter of 2023. According to a recent disclosure to the Securities and Exchange Commission, the firm now holds 837,127 shares of the ETF, having acquired an additional 65,560 shares during this period. The total value of Brookstone’s holdings in the fund is approximately $47,725,000.

Several other investment firms have also adjusted their positions in the Vanguard FTSE Developed Markets ETF. Brighton Jones LLC significantly increased its stake by 79.2% in the fourth quarter, bringing its total to 243,622 shares, valued at $11,650,000 after acquiring 107,649 shares.

Revolve Wealth Partners LLC raised its holdings by 47.3% during the same period, now owning 123,485 shares worth $5,905,000 following a purchase of 39,653 shares. GAMMA Investing LLC also increased its stake by 43.4% in the first quarter, now holding 29,010 shares valued at $1,475,000 after buying 8,780 shares.

Silver Oak Securities Incorporated expanded its investment by 17.4% in the first quarter, owning 127,651 shares currently worth $6,541,000 after purchasing an additional 18,875 shares. XML Financial LLC increased its stake by 24.6%, now holding 7,727 shares valued at $393,000 after acquiring 1,524 shares.

Trading for the Vanguard FTSE Developed Markets ETF opened at $60.69 on Wednesday. The ETF has a market capitalization of $180.83 billion, a price-to-earnings ratio of 16.34, and a beta of 0.89. Over the past year, the ETF has fluctuated between a low of $45.14 and a high of $61.32.

The Vanguard FTSE Developed Markets ETF, launched on July 20, 2007, primarily invests in a diversified range of stocks from developed markets outside the United States. It tracks a market-cap weighted index that includes large, mid, and small-cap stocks, providing investors with broad exposure to international equities.

Investors seeking further information about hedge fund holdings in VEA can visit HoldingsChannel.com for the latest 13F filings and insider trades related to the Vanguard FTSE Developed Markets ETF.

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