Family CFO Inc Raises Position in Vanguard FTSE Developed Markets ETF $VEA

Family CFO Inc raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 38,356 shares of the company’s stock after buying an additional 634 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 1.1% of Family CFO Inc’s investment portfolio, making the stock its 17th largest position. Family CFO Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,187,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kessler Investment Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $26,000. von Borstel & Associates Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $26,000. Financial Network Wealth Advisors LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $26,000. Financial Gravity Asset Management Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $28,000. Finally, Nemes Rush Group LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 236.5% in the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after purchasing an additional 402 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.2%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $60.50 on Friday. The company has a market cap of $177.83 billion, a PE ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $60.67. The business has a 50 day moving average price of $58.78 and a 200-day moving average price of $55.62.

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.