Immaculate Wealth Management LLC Buys Shares of 17,162 Vanguard FTSE Developed Markets ETF $VEA

Immaculate Wealth Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 1st quarter, HoldingsChannel reports. The institutional investor purchased 17,162 shares of the company’s stock, valued at approximately $1,100,000. Vanguard FTSE Developed Markets ETF comprises 8.7% of Immaculate Wealth Management LLC’s investment portfolio, making the stock its 5th biggest position.

Several other institutional investors have also modified their holdings of VEA. Buck Wealth Strategies LLC raised its stake in Vanguard FTSE Developed Markets ETF by 16.3% during the 4th quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock valued at $22,774,000 after acquiring an additional 51,187 shares in the last quarter. Green Ridge Wealth Planning LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $15,031,000. Root Financial Partners LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 27.1% in the fourth quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock worth $6,079,000 after purchasing an additional 20,769 shares in the last quarter. Verus Advisory Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $9,561,000. Finally, Amara Financial LLC. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 15.7% during the fourth quarter. Amara Financial LLC. now owns 336,393 shares of the company’s stock valued at $21,014,000 after purchasing an additional 45,737 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.7%

Shares of NYSEARCA VEA opened at $70.62 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $55.68 and a fifty-two week high of $73.23. The firm’s 50-day simple moving average is $70.82 and its 200 day simple moving average is $68.41. The stock has a market cap of $228.80 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.