Vanguard FTSE Developed Markets ETF $VEA Stake Raised by Red Tortoise LLC

Red Tortoise LLC increased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.7% during the second quarter, HoldingsChannel reports. The firm owned 70,067 shares of the company’s stock after acquiring an additional 7,354 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 1.9% of Red Tortoise LLC’s holdings, making the stock its 14th biggest position. Red Tortoise LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,995,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Kessler Investment Group LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at $26,000. von Borstel & Associates Inc. bought a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $26,000. Financial Network Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $28,000. Finally, Nemes Rush Group LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 236.5% in the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after purchasing an additional 402 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $61.06 on Monday. The stock’s 50-day moving average is $58.84 and its 200-day moving average is $55.72. The company has a market cap of $179.48 billion, a P/E ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $61.15.

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.