Morton Brown Family Wealth LLC Acquires 42,503 Shares of Vanguard FTSE Developed Markets ETF $VEA

Morton Brown Family Wealth LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.7% during the second quarter, Holdings Channel.com reports. The firm owned 482,307 shares of the company’s stock after buying an additional 42,503 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 8.4% of Morton Brown Family Wealth LLC’s portfolio, making the stock its 3rd biggest position. Morton Brown Family Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $27,496,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Madrona Financial Services LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 4.6% in the 2nd quarter. Madrona Financial Services LLC now owns 4,128 shares of the company’s stock valued at $235,000 after acquiring an additional 183 shares in the last quarter. Community Bank & Trust Waco Texas raised its stake in shares of Vanguard FTSE Developed Markets ETF by 4.9% in the 2nd quarter. Community Bank & Trust Waco Texas now owns 4,297 shares of the company’s stock valued at $245,000 after acquiring an additional 200 shares in the last quarter. Nova R Wealth Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 0.4% in the 1st quarter. Nova R Wealth Inc. now owns 48,596 shares of the company’s stock valued at $2,470,000 after acquiring an additional 201 shares in the last quarter. Mainsail Asset Management LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the 2nd quarter. Mainsail Asset Management LLC now owns 5,685 shares of the company’s stock valued at $324,000 after acquiring an additional 207 shares in the last quarter. Finally, Beckerman Institutional LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 1.4% in the 1st quarter. Beckerman Institutional LLC now owns 15,702 shares of the company’s stock valued at $798,000 after acquiring an additional 214 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $60.32 on Friday. The stock’s 50 day simple moving average is $59.16 and its 200 day simple moving average is $55.90. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $61.32. The company has a market capitalization of $179.73 billion, a price-to-earnings ratio of 16.34 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.