Vanguard FTSE Developed Markets ETF $VEA Stake Raised by Lord & Richards Wealth Management LLC

Lord & Richards Wealth Management LLC grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 68,846 shares of the company’s stock after purchasing an additional 9,448 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 4.1% of Lord & Richards Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Lord & Richards Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,925,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealthspire Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF by 110.7% in the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock worth $1,144,426,000 after buying an additional 11,830,891 shares during the period. TFO Wealth Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $222,710,000. Wit LLC increased its stake in Vanguard FTSE Developed Markets ETF by 99,898.4% in the 1st quarter. Wit LLC now owns 4,020,934 shares of the company’s stock worth $204,384,000 after buying an additional 4,016,913 shares during the period. SCS Capital Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 48.0% in the 1st quarter. SCS Capital Management LLC now owns 10,411,294 shares of the company’s stock worth $529,206,000 after buying an additional 3,377,989 shares during the period. Finally, RWA Wealth Partners LLC increased its stake in Vanguard FTSE Developed Markets ETF by 20.6% in the 1st quarter. RWA Wealth Partners LLC now owns 13,542,589 shares of the company’s stock worth $688,370,000 after buying an additional 2,313,204 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $61.13 on Tuesday. The company has a market capitalization of $182.14 billion, a PE ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $61.80. The firm’s 50-day moving average is $60.05 and its 200 day moving average is $57.38.

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.