Northwest Wealth Management LLC Purchases 7,139 Shares of Vanguard FTSE Developed Markets ETF $VEA

Northwest Wealth Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.0% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 86,752 shares of the company’s stock after purchasing an additional 7,139 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 0.9% of Northwest Wealth Management LLC’s investment portfolio, making the stock its 26th biggest holding. Northwest Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in VEA. Kessler Investment Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at $26,000. von Borstel & Associates Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at $26,000. Financial Network Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth $26,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $28,000. Finally, Nemes Rush Group LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after buying an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.5%

Shares of NYSEARCA:VEA opened at $59.71 on Tuesday. The company has a market cap of $171.55 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $60.51. The company has a 50-day moving average price of $58.64 and a 200 day moving average price of $55.50.

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.