Vanguard FTSE Developed Markets ETF $VEA Shares Acquired by Wallington Asset Management LLC

Wallington Asset Management LLC grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 34.8% in the second quarter, HoldingsChannel reports. The institutional investor owned 1,259,181 shares of the company’s stock after acquiring an additional 325,365 shares during the period. Vanguard FTSE Developed Markets ETF makes up 10.1% of Wallington Asset Management LLC’s portfolio, making the stock its biggest holding. Wallington Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $71,786,000 at the end of the most recent reporting period.

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

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $61.06 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $61.15. The stock has a market capitalization of $179.48 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The business has a fifty day moving average price of $58.84 and a 200 day moving average price of $55.68.

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.