Linscomb Wealth Inc. Buys 71,857 Shares of Vanguard FTSE Developed Markets ETF $VEA

Linscomb Wealth Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,263,330 shares of the company’s stock after purchasing an additional 71,857 shares during the period. Vanguard FTSE Developed Markets ETF comprises 11.0% of Linscomb Wealth Inc.’s investment portfolio, making the stock its biggest position. Linscomb Wealth Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $255,459,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cloud Capital Management LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth approximately $37,000. Elevation Point Wealth Partners LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $48,000. Kilter Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $49,000. Mid American Wealth Advisory Group Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth $52,000. Finally, Strengthening Families & Communities LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at about $55,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.1%

NYSEARCA:VEA opened at $66.80 on Thursday. The company has a market cap of $206.92 billion, a P/E ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $67.46. The company’s 50-day moving average price is $63.69 and its 200-day moving average price is $61.00.

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.