Telos Capital Management Inc. Grows Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Telos Capital Management Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 311,466 shares of the company’s stock after purchasing an additional 1,970 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 1.8% of Telos Capital Management Inc.’s holdings, making the stock its 13th largest position. Telos Capital Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $17,757,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. MMA Asset Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 3.4% during the 2nd quarter. MMA Asset Management LLC now owns 26,043 shares of the company’s stock valued at $1,485,000 after buying an additional 859 shares during the period. EPG Wealth Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at approximately $201,000. Meridian Management Co. raised its position in shares of Vanguard FTSE Developed Markets ETF by 18.1% during the 2nd quarter. Meridian Management Co. now owns 810,822 shares of the company’s stock valued at $45,584,000 after buying an additional 124,535 shares during the period. Mission Wealth Management LP raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.9% during the 2nd quarter. Mission Wealth Management LP now owns 1,319,839 shares of the company’s stock valued at $75,244,000 after buying an additional 24,798 shares during the period. Finally, Integrity Financial Corp WA raised its position in shares of Vanguard FTSE Developed Markets ETF by 93.1% during the 2nd quarter. Integrity Financial Corp WA now owns 11,648 shares of the company’s stock valued at $664,000 after buying an additional 5,615 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $60.98 on Monday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.80. The firm has a 50 day moving average price of $60.00 and a 200 day moving average price of $57.31. The company has a market capitalization of $181.69 billion, a PE ratio of 16.34 and a beta of 0.87.

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.