National Wealth Management Group LLC Buys 27,620 Shares of Vanguard FTSE Developed Markets ETF $VEA

National Wealth Management Group LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 71.0% in the third quarter, Holdings Channel reports. The fund owned 66,531 shares of the company’s stock after acquiring an additional 27,620 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 1.4% of National Wealth Management Group LLC’s holdings, making the stock its 14th biggest position. National Wealth Management Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,698,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Briggs Wealth Management Inc bought a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at about $439,000. Noesis Capital Mangement Corp boosted its position in Vanguard FTSE Developed Markets ETF by 19.9% in the third quarter. Noesis Capital Mangement Corp now owns 6,899 shares of the company’s stock valued at $487,000 after buying an additional 1,143 shares in the last quarter. Leo Wealth LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the third quarter worth about $538,000. Level Wealth Management LLC grew its stake in Vanguard FTSE Developed Markets ETF by 2.0% during the third quarter. Level Wealth Management LLC now owns 407,350 shares of the company’s stock worth $28,763,000 after buying an additional 7,931 shares during the last quarter. Finally, Holos Integrated Wealth LLC grew its stake in Vanguard FTSE Developed Markets ETF by 5.4% during the third quarter. Holos Integrated Wealth LLC now owns 43,845 shares of the company’s stock worth $3,041,000 after buying an additional 2,250 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.4%

NYSEARCA VEA opened at $69.33 on Tuesday. The firm has a market cap of $227.32 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84. The company has a 50 day moving average of $71.64 and a 200-day moving average of $69.31. Vanguard FTSE Developed Markets ETF has a 1-year low of $58.88 and a 1-year high of $74.04.

About Vanguard FTSE Developed Markets ETF

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.