Meriwether Wealth & Planning LLC Makes New Investment in Vanguard FTSE Developed Markets ETF $VEA

Meriwether Wealth & Planning LLC purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 20,243 shares of the company’s stock, valued at approximately $1,265,000. Vanguard FTSE Developed Markets ETF accounts for about 0.7% of Meriwether Wealth & Planning LLC’s holdings, making the stock its 24th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of VEA. TL Private Wealth increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after acquiring an additional 155 shares in the last quarter. Spire Wealth Management grew its holdings in Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock worth $1,699,000 after purchasing an additional 163 shares during the period. Princeton Global Asset Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 2.6% in the third quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock valued at $403,000 after purchasing an additional 168 shares in the last quarter. Smith Salley Wealth Management raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the third quarter. Smith Salley Wealth Management now owns 20,096 shares of the company’s stock valued at $1,204,000 after purchasing an additional 168 shares during the period. Finally, Armbruster Capital Management Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 0.3% during the 3rd quarter. Armbruster Capital Management Inc. now owns 62,626 shares of the company’s stock worth $3,753,000 after purchasing an additional 169 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $62.05 on Monday. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $70.55. The company has a market cap of $192.21 billion, a PE ratio of 16.34 and a beta of 0.87. The stock has a 50-day moving average of $66.52 and a 200-day moving average of $63.23.

Vanguard FTSE Developed Markets ETF Company 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.