Tortoise Investment Management LLC Increases Position in Vanguard FTSE Developed Markets ETF $VEA

Tortoise Investment Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 171,889 shares of the company’s stock after buying an additional 3,394 shares during the period. Tortoise Investment Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,799,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. TFO Wealth Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $222,710,000. Arkadios Wealth Advisors increased its holdings in Vanguard FTSE Developed Markets ETF by 289.9% in 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 during the last quarter. Fiduciary Alliance LLC raised 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 valued at $498,000 after acquiring an additional 292 shares in the last quarter. Twelve Points Wealth Management LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 2.7% in the second quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock valued at $1,121,000 after acquiring an additional 508 shares during the last quarter. Finally, Wiser Wealth Management Inc grew its position in Vanguard FTSE Developed Markets ETF by 4.6% in the second quarter. Wiser Wealth Management Inc now owns 585,007 shares of the company’s stock worth $33,351,000 after acquiring an additional 25,814 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.1%

Vanguard FTSE Developed Markets ETF stock opened at $61.32 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $62.20. The firm’s fifty day simple moving average is $60.49 and its 200-day simple moving average is $57.93. The company has a market capitalization of $182.71 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.