Vanguard FTSE Developed Markets ETF $VEA Shares Acquired by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 175,946 shares of the company’s stock after acquiring an additional 9,675 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 0.7% of Frank Rimerman Advisors LLC’s investment portfolio, making the stock its 19th largest position. Frank Rimerman Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $10,543,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in VEA. IFS Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth $35,000. Cloud Capital Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $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 $48,000. Kilter Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth about $49,000. Finally, Mid American Wealth Advisory Group Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $52,000.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $66.20 on Friday. The company has a market cap of $205.06 billion, a P/E ratio of 16.34 and a beta of 0.87. The stock has a 50-day moving average of $63.33 and a two-hundred day moving average of $60.76. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $67.39.

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.