McAdam LLC Has $6.75 Million Position in Vanguard FTSE Developed Markets ETF $VEA

McAdam LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 112,582 shares of the company’s stock after buying an additional 15,248 shares during the period. McAdam LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,746,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. IFS Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $35,000. Armstrong Advisory Group Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 210.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock worth $47,000 after purchasing an additional 563 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $48,000. Kilter Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at approximately $49,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at approximately $52,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.3%

Shares of VEA opened at $64.27 on Wednesday. The company has a market cap of $199.08 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $65.18. The company’s fifty day simple moving average is $62.42 and its 200 day simple moving average is $60.29.

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.