Summit Financial LLC Buys 24,167 Shares of Vanguard FTSE Developed Markets ETF $VEA

Summit Financial LLC lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 716,748 shares of the company’s stock after buying an additional 24,167 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 0.7% of Summit Financial LLC’s portfolio, making the stock its 21st biggest holding. Summit Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $44,775,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of 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 purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth about $209,000. Squarepoint Ops LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth about $7,001,000. Finally, Glenview Trust co grew its position in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after purchasing an additional 297 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

NYSEARCA:VEA opened at $71.55 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.63 and a 12-month high of $72.32. The stock has a 50-day moving average price of $69.33 and a 200 day moving average price of $66.37. The stock has a market capitalization of $229.48 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.