Stonebridge Financial Planning Group LLC Increases Holdings in Vanguard FTSE Developed Markets ETF $VEA

Stonebridge Financial Planning Group LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 66,474 shares of the company’s stock after buying an additional 2,075 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 1.6% of Stonebridge Financial Planning Group LLC’s holdings, making the stock its 13th largest position. Stonebridge Financial Planning Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,790,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in VEA. Financial Network Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at $26,000. Financial Gravity Asset Management Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at $28,000. Nemes Rush Group LLC raised its position in 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. IFS Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at $35,000. Finally, Armstrong Advisory Group Inc. raised its position in Vanguard FTSE Developed Markets ETF by 210.1% in the second quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock valued at $47,000 after purchasing an additional 563 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 1.3%

NYSEARCA:VEA opened at $60.32 on Wednesday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $61.80. The company has a market capitalization of $179.73 billion, a P/E ratio of 16.34 and a beta of 0.87. The stock’s fifty day moving average is $60.08 and its two-hundred day moving average is $57.45.

About Vanguard FTSE Developed Markets ETF

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.