Riverbend Wealth Management LLC Buys 31,319 Shares of Vanguard FTSE Developed Markets ETF $VEA

Riverbend Wealth Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 741.6% in the third quarter, HoldingsChannel reports. The firm owned 35,542 shares of the company’s stock after buying an additional 31,319 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 1.1% of Riverbend Wealth Management LLC’s investment portfolio, making the stock its 24th largest position. Riverbend Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,510,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in VEA. Integrity Financial Corp WA raised its holdings in Vanguard FTSE Developed Markets ETF by 4.4% in the 2nd quarter. Integrity Financial Corp WA now owns 3,358 shares of the company’s stock worth $239,000 after purchasing an additional 143 shares during the period. Insight Wealth Strategies LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 2.8% during the second quarter. Insight Wealth Strategies LLC now owns 5,298 shares of the company’s stock valued at $373,000 after buying an additional 146 shares during the last quarter. JDM Financial Group LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 0.3% during the first quarter. JDM Financial Group LLC now owns 53,935 shares of the company’s stock valued at $3,456,000 after buying an additional 148 shares during the last quarter. Cherry Creek Investment Advisors Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.6% during the first quarter. Cherry Creek Investment Advisors Inc. now owns 9,836 shares of the company’s stock valued at $630,000 after buying an additional 151 shares during the last quarter. Finally, Lauterbach Financial Advisors LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the second quarter. Lauterbach Financial Advisors LLC now owns 6,529 shares of the company’s stock worth $465,000 after buying an additional 152 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $69.66 on Friday. The company’s fifty day moving average price is $72.07 and its 200-day moving average price is $70.59. Vanguard FTSE Developed Markets ETF has a one year low of $58.88 and a one year high of $74.04. The company has a market capitalization of $228.40 billion, a PE ratio of 16.34 and a beta of 0.84.

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.