Vanguard FTSE Developed Markets ETF $VEA Shares Purchased by WESCAP Management Group Inc.

WESCAP Management Group Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 20.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 218,824 shares of the company’s stock after buying an additional 37,744 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 2.8% of WESCAP Management Group Inc.’s holdings, making the stock its 11th biggest position. WESCAP Management Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,475,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VEA. Brighton Jones LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after buying an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 47.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares in the last quarter. Capstone Wealth Management Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at about $209,000. Financial Gravity Asset Management Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $28,000. Finally, Phillips Financial Management LLC increased its position in Vanguard FTSE Developed Markets ETF by 19.7% during the 1st quarter. Phillips Financial Management LLC now owns 19,397 shares of the company’s stock worth $986,000 after purchasing an additional 3,190 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

Shares of VEA stock opened at $60.61 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $61.80. The company has a market cap of $180.59 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The stock has a 50 day simple moving average of $60.18 and a 200-day simple moving average of $57.56.

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.