Vanguard FTSE Developed Markets ETF $VEA Shares Acquired by Founders Grove Wealth Partners LLC

Founders Grove Wealth Partners LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 573,507 shares of the company’s stock after purchasing an additional 1,190 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 8.2% of Founders Grove Wealth Partners LLC’s portfolio, making the stock its largest holding. Founders Grove Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $32,696,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VEA. Kessler Investment Group LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth $26,000. von Borstel & Associates Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth about $26,000. Financial Network Wealth Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth about $26,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth about $28,000. Finally, Nemes Rush Group LLC boosted its holdings in 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 valued at $29,000 after purchasing an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 1.0%

Shares of VEA opened at $59.80 on Tuesday. The stock has a 50 day moving average price of $59.28 and a 200 day moving average price of $56.07. The company has a market capitalization of $178.18 billion, a price-to-earnings 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 $61.32.

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.