Tandem Financial LLC Purchases Shares of 44,312 Vanguard FTSE Developed Markets ETF $VEA

Tandem Financial LLC acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the third quarter, Holdings Channel reports. The institutional investor acquired 44,312 shares of the company’s stock, valued at approximately $2,655,000. Vanguard FTSE Developed Markets ETF accounts for 1.0% of Tandem Financial LLC’s portfolio, making the stock its 27th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Etesian Wealth Advisors Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 6.3% in the third quarter. Etesian Wealth Advisors Inc. now owns 222,561 shares of the company’s stock valued at $13,336,000 after purchasing an additional 13,158 shares during the last quarter. Wiser Wealth Management Inc lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.6% in the 2nd quarter. Wiser Wealth Management Inc now owns 585,007 shares of the company’s stock valued at $33,351,000 after buying an additional 25,814 shares during the period. Warner Financial Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 5.5% in the third quarter. Warner Financial Inc. now owns 292,561 shares of the company’s stock worth $17,530,000 after buying an additional 15,376 shares during the last quarter. Sageworth Trust Co boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 20.0% in the second quarter. Sageworth Trust Co now owns 780,373 shares of the company’s stock worth $44,489,000 after buying an additional 129,922 shares during the last quarter. Finally, Naples Global Advisors LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 8.4% during the second quarter. Naples Global Advisors LLC now owns 113,263 shares of the company’s stock worth $6,457,000 after acquiring an additional 8,771 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.5%

Shares of VEA stock opened at $66.08 on Tuesday. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $66.34. The stock has a market cap of $204.69 billion, a P/E ratio of 16.34 and a beta of 0.87. The stock has a 50 day moving average of $62.76 and a 200 day moving average of $60.53.

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.