Elk River Wealth Management LLC Increases Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Elk River Wealth Management LLC lifted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 46.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 14,281 shares of the company’s stock after purchasing an additional 4,549 shares during the quarter. Elk River Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $684,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Guidance Capital Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the second quarter worth $501,000. SRS Capital Advisors Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.8% in the second quarter. SRS Capital Advisors Inc. now owns 388,769 shares of the company’s stock worth $17,953,000 after acquiring an additional 10,771 shares during the last quarter. Plancorp LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 16.5% in the third quarter. Plancorp LLC now owns 252,031 shares of the company’s stock worth $11,019,000 after acquiring an additional 35,622 shares during the last quarter. Selway Asset Management acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $126,000. Finally, Retirement Investment Advisors Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 10.0% in the second quarter. Retirement Investment Advisors Inc. now owns 27,742 shares of the company’s stock worth $1,198,000 after acquiring an additional 2,530 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.4 %

Shares of NYSEARCA:VEA traded up $0.20 during midday trading on Wednesday, reaching $50.14. The company’s stock had a trading volume of 5,864,543 shares, compared to its average volume of 11,154,268. The firm has a market cap of $123.34 billion, a price-to-earnings ratio of 11.40 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $50.36. The business has a 50 day moving average price of $48.35 and a 200 day moving average price of $46.25.

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.