Rainier Family Wealth Inc. Grows Holdings in Vanguard FTSE Developed Markets ETF $VEA

Rainier Family Wealth Inc. boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 76.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 27,391 shares of the company’s stock after acquiring an additional 11,829 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 1.2% of Rainier Family Wealth Inc.’s investment portfolio, making the stock its 29th biggest position. Rainier Family Wealth Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,755,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mascagni Wealth Management Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock valued at $452,000 after acquiring an additional 152 shares in the last quarter. TL Private Wealth lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock worth $606,000 after acquiring an additional 155 shares in the last quarter. River Wealth Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.3% in the fourth quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock valued at $759,000 after purchasing an additional 161 shares during the last quarter. Belpointe Asset Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 0.5% in the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after purchasing an additional 162 shares during the last quarter. Finally, Spire Wealth Management grew its stake in Vanguard FTSE Developed Markets ETF by 0.6% during the 4th quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after purchasing an additional 163 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.1%

Shares of NYSEARCA VEA opened at $72.39 on Tuesday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.63 and a fifty-two week high of $73.23. The business has a 50 day moving average price of $70.10 and a two-hundred day moving average price of $66.88. The firm has a market cap of $232.17 billion, a PE ratio of 16.34 and a beta of 0.83.

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.