Welch Group LLC Invests $627,000 in Vanguard FTSE Developed Markets ETF $VEA

Welch Group LLC bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,467 shares of the company’s stock, valued at approximately $627,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in Vanguard FTSE Developed Markets ETF by 3.0% in the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after acquiring an additional 5,747,233 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock valued at $5,684,072,000 after acquiring an additional 958,633 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 122.9% in the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after purchasing an additional 22,700,179 shares in the last quarter. Captrust Financial Advisors increased its position in Vanguard FTSE Developed Markets ETF by 20.9% in the second quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock worth $1,425,044,000 after purchasing an additional 4,314,597 shares during the last quarter. Finally, Wealthspire Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 1.2% during the second quarter. Wealthspire Advisors LLC now owns 22,786,946 shares of the company’s stock valued at $1,299,084,000 after purchasing an additional 272,166 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.5%

VEA stock opened at $62.13 on Tuesday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $63.08. The firm has a market capitalization of $185.12 billion, a P/E ratio of 16.34 and a beta of 0.87. The company has a fifty day simple moving average of $61.24 and a two-hundred day simple moving average of $59.20.

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.