Thrive Wealth Management LLC Purchases 431 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Thrive Wealth Management LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 27,142 shares of the company’s stock after buying an additional 431 shares during the period. Thrive Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,253,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VEA. Kalos Management Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth about $25,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth about $25,000. Pacific Center for Financial Services bought a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth about $25,000. Sunbelt Securities Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $29,000. Finally, Magnolia Capital Management Ltd. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $33,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.2 %

Shares of NYSEARCA:VEA traded down $0.56 during trading on Monday, hitting $45.16. 1,686,367 shares of the company’s stock were exchanged, compared to its average volume of 9,774,370. Vanguard FTSE Developed Markets ETF has a 1-year low of $35.42 and a 1-year high of $47.81. The firm has a 50-day moving average price of $46.07 and a two-hundred day moving average price of $45.69. The firm has a market cap of $111.09 billion, a P/E ratio of 11.40 and a beta of 0.89.

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.