Red Tortoise LLC Buys 7,354 Shares of Vanguard FTSE Developed Markets ETF $VEA

Red Tortoise LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 70,067 shares of the company’s stock after acquiring an additional 7,354 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 1.9% of Red Tortoise LLC’s portfolio, making the stock its 14th largest position. Red Tortoise LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,995,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of VEA. Kessler Investment Group LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. von Borstel & Associates Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at about $26,000. Financial Network Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $26,000. Financial Gravity Asset Management Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the first quarter worth $28,000. Finally, Nemes Rush Group LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after acquiring an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.9%

Shares of NYSEARCA:VEA opened at $61.06 on Monday. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $61.15. The company has a market capitalization of $179.48 billion, a P/E ratio of 16.34 and a beta of 0.89. The stock’s fifty day simple moving average is $58.84 and its 200-day simple moving average is $55.72.

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.