Farmers & Merchants Investments Inc. lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 5.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,549,570 shares of the company’s stock after acquiring an additional 185,456 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 6.1% of Farmers & Merchants Investments Inc.’s holdings, making the stock its 2nd largest position. Farmers & Merchants Investments Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $221,742,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in the company. TL Private Wealth grew its position in Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after purchasing an additional 155 shares in the last quarter. Belpointe Asset Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.5% during 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 in the last quarter. Spire Wealth Management grew its position in Vanguard FTSE Developed Markets ETF by 0.6% during the fourth 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. Twelve Points Wealth Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.9% during the fourth quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock valued at $1,220,000 after purchasing an additional 166 shares in the last quarter. Finally, PFG Investments LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.9% during the third quarter. PFG Investments LLC now owns 18,087 shares of the company’s stock valued at $1,084,000 after purchasing an additional 170 shares in the last quarter.
Vanguard FTSE Developed Markets ETF Stock Performance
Shares of VEA opened at $70.83 on Friday. The company’s 50 day moving average price is $66.56 and its 200 day moving average price is $64.62. Vanguard FTSE Developed Markets ETF has a 52 week low of $53.51 and a 52 week high of $71.12. The company has a market capitalization of $227.17 billion, a PE ratio of 16.34 and a beta of 0.83.
Vanguard FTSE Developed Markets ETF Company 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.
Further Reading
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