BCGM Wealth Management LLC Buys New Stake in Vanguard FTSE Developed Markets ETF $VEA

BCGM Wealth Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 199,702 shares of the company’s stock, valued at approximately $11,385,000. Vanguard FTSE Developed Markets ETF accounts for about 3.2% of BCGM Wealth Management LLC’s portfolio, making the stock its 6th largest holding.

A number of other large investors have also modified their holdings of the company. Madrona Financial Services LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 4.6% in the second quarter. Madrona Financial Services LLC now owns 4,128 shares of the company’s stock worth $235,000 after acquiring an additional 183 shares during the period. Community Bank & Trust Waco Texas raised its position in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the 2nd quarter. Community Bank & Trust Waco Texas now owns 4,297 shares of the company’s stock worth $245,000 after purchasing an additional 200 shares during the last quarter. Mainsail Asset Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% during the 2nd quarter. Mainsail Asset Management LLC now owns 5,685 shares of the company’s stock worth $324,000 after purchasing an additional 207 shares during the last quarter. Beckerman Institutional LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.4% during the 1st quarter. Beckerman Institutional LLC now owns 15,702 shares of the company’s stock worth $798,000 after purchasing an additional 214 shares during the last quarter. Finally, Barrett & Company Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the 2nd quarter. Barrett & Company Inc. now owns 62,131 shares of the company’s stock worth $3,542,000 after purchasing an additional 218 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.1%

VEA opened at $60.98 on Monday. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $61.80. The company has a 50-day moving average price of $60.00 and a 200 day moving average price of $57.31. The company has a market cap of $181.69 billion, a PE ratio of 16.34 and a beta of 0.87.

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.