Vanguard FTSE Developed Markets ETF $VEA Stock Acquired by Riverbend Wealth Management LLC

Riverbend Wealth Management LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 741.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 35,542 shares of the company’s stock after purchasing an additional 31,319 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 1.1% of Riverbend Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding. Riverbend Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,510,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. First Community Trust NA purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $37,000. Scarborough Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at $40,000. Cdkv Holdings LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 147.5% during the first quarter. Cdkv Holdings LLC now owns 646 shares of the company’s stock valued at $41,000 after buying an additional 385 shares during the last quarter. CKW Financial Group bought a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $52,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $58,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $69.66 on Friday. The firm has a market cap of $228.40 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84. The business has a 50-day simple moving average of $72.07 and a two-hundred day simple moving average of $70.59. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $58.88 and a fifty-two week high of $74.04.

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.