Vanguard FTSE Developed Markets ETF $VEA is 49 Wealth Management LLC’s 10th Largest Position

49 Wealth Management LLC boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 569,253 shares of the company’s stock after purchasing an additional 78,002 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 3.3% of 49 Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position. 49 Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $34,110,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. GGM Financials LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $27,000. Cloud Capital Management LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth about $37,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $48,000. Kilter Group LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $49,000. Finally, Strengthening Families & Communities LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth about $55,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.1%

VEA stock opened at $70.24 on Friday. The company’s 50 day moving average is $66.01 and its 200 day moving average is $62.36. The stock has a market cap of $217.58 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 $70.55.

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.