Frank Rimerman Advisors LLC Raises Position in Vanguard FTSE Developed Markets ETF $VEA

Frank Rimerman Advisors LLC grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 175,946 shares of the company’s stock after buying an additional 9,675 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 0.7% of Frank Rimerman Advisors LLC’s investment portfolio, making the stock its 19th largest holding. Frank Rimerman Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $10,543,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Luminvest Wealth Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 2.7% in the third quarter. Luminvest Wealth Management LLC now owns 37,744 shares of the company’s stock valued at $2,262,000 after purchasing an additional 1,004 shares during the period. Welch & Forbes LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 0.8% during the 3rd quarter. Welch & Forbes LLC now owns 982,158 shares of the company’s stock worth $58,851,000 after purchasing an additional 7,507 shares during the period. Twin City Private Wealth LLC raised its position in Vanguard FTSE Developed Markets ETF by 10.8% in the 3rd quarter. Twin City Private Wealth LLC now owns 16,884 shares of the company’s stock valued at $1,012,000 after purchasing an additional 1,640 shares in the last quarter. Winnow Wealth LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at about $98,000. Finally, Bryn Mawr Trust Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 8.1% in the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 856,134 shares of the company’s stock valued at $51,300,000 after buying an additional 64,424 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $66.20 on Friday. The company’s 50 day moving average price is $63.33 and its 200 day moving average price is $60.76. The firm has a market capitalization of $205.06 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $67.39.

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.