Beam Wealth Advisors Inc. Raises Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Beam Wealth Advisors Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 54.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,898 shares of the company’s stock after acquiring an additional 4,212 shares during the period. Beam Wealth Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $588,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in VEA. Transcendent Capital Group LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 101.2% in the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after acquiring an additional 256 shares during the last quarter. Triad Wealth Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $31,000. LRI Investments LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $39,000. First Command Advisory Services Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 379.3% during the second quarter. First Command Advisory Services Inc. now owns 786 shares of the company’s stock valued at $39,000 after purchasing an additional 622 shares during the period. Finally, Gleason Group Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 201.4% in the second quarter. Gleason Group Inc. now owns 856 shares of the company’s stock worth $42,000 after purchasing an additional 572 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 1.1 %

Shares of NYSEARCA VEA opened at $50.91 on Tuesday. The company has a market cap of $133.38 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The firm’s fifty day moving average is $50.54 and its 200 day moving average is $50.01. Vanguard FTSE Developed Markets ETF has a 52 week low of $41.48 and a 52 week high of $52.54.

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.