Schrum Private Wealth Management LLC Invests $233,000 in Vanguard FTSE Developed Markets ETF $VEA

Schrum Private Wealth Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 4,095 shares of the company’s stock, valued at approximately $233,000.

Other institutional investors have also recently made changes to their positions in the company. TFO Wealth Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $222,710,000. Arkadios Wealth Advisors lifted its position in Vanguard FTSE Developed Markets ETF by 289.9% during the first quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock worth $4,729,000 after buying an additional 69,173 shares in the last quarter. Fiduciary Alliance LLC lifted its position in Vanguard FTSE Developed Markets ETF by 3.5% during the second quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock worth $498,000 after buying an additional 292 shares in the last quarter. Twelve Points Wealth Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 2.7% during the second quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock worth $1,121,000 after buying an additional 508 shares in the last quarter. Finally, Financial Synergies Wealth Advisors Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 3.2% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 900,352 shares of the company’s stock worth $45,765,000 after buying an additional 27,816 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $60.84 on Thursday. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $61.32. The company has a market cap of $178.83 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The business’s 50 day moving average price is $59.07 and its 200 day moving average price is $55.85.

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.