Vanguard FTSE Developed Markets ETF $VEA Shares Acquired by Founders Grove Wealth Partners LLC

Founders Grove Wealth Partners LLC boosted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 573,507 shares of the company’s stock after purchasing an additional 1,190 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 8.2% of Founders Grove Wealth Partners LLC’s portfolio, making the stock its largest position. Founders Grove Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $32,696,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VEA. Kessler Investment Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $26,000. von Borstel & Associates Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $26,000. Financial Network Wealth Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $28,000. Finally, Nemes Rush Group LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 236.5% in the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after purchasing an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $59.80 on Tuesday. The company has a 50 day moving average price of $59.28 and a 200 day moving average price of $56.07. The stock has a market capitalization of $178.18 billion, a P/E ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.32.

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.