Vanguard FTSE Developed Markets ETF $VEA Stake Lifted by MBM Wealth Consultants LLC

MBM Wealth Consultants LLC lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 326,037 shares of the company’s stock after acquiring an additional 11,121 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 4.2% of MBM Wealth Consultants LLC’s portfolio, making the stock its 8th biggest position. MBM Wealth Consultants LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $23,022,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Integrity Financial Corp WA grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.4% during the second quarter. Integrity Financial Corp WA now owns 3,358 shares of the company’s stock worth $239,000 after purchasing an additional 143 shares during the last quarter. Insight Wealth Strategies LLC increased its position in Vanguard FTSE Developed Markets ETF by 2.8% during the second quarter. Insight Wealth Strategies LLC now owns 5,298 shares of the company’s stock worth $373,000 after buying an additional 146 shares during the period. JDM Financial Group LLC increased its position in Vanguard FTSE Developed Markets ETF by 0.3% during the first quarter. JDM Financial Group LLC now owns 53,935 shares of the company’s stock worth $3,456,000 after buying an additional 148 shares during the period. Cherry Creek Investment Advisors Inc. increased its position in Vanguard FTSE Developed Markets ETF by 1.6% during the first quarter. Cherry Creek Investment Advisors Inc. now owns 9,836 shares of the company’s stock worth $630,000 after buying an additional 151 shares during the period. Finally, Lauterbach Financial Advisors LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 2.4% in the second quarter. Lauterbach Financial Advisors LLC now owns 6,529 shares of the company’s stock valued at $465,000 after buying an additional 152 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock traded up $0.49 during trading hours on Tuesday, hitting $69.86. The stock had a trading volume of 4,872,261 shares, compared to its average volume of 13,945,733. The firm has a market capitalization of $229.04 billion, a PE ratio of 16.34 and a beta of 0.84. The stock’s 50 day moving average is $71.94 and its 200 day moving average is $70.68. Vanguard FTSE Developed Markets ETF has a twelve month low of $58.88 and a twelve month high of $74.04.

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.