Berkshire Money Management Inc. Makes New Investment in Vanguard FTSE Developed Markets ETF $VEA

Berkshire Money Management Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the first quarter, HoldingsChannel.com reports. The firm purchased 455,647 shares of the company’s stock, valued at approximately $29,198,000. Vanguard FTSE Developed Markets ETF accounts for about 3.0% of Berkshire Money Management Inc.’s investment portfolio, making the stock its 10th largest position.

Several other institutional investors also recently made changes to their positions in the stock. Nova Wealth Management Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after buying an additional 253 shares during the period. GGM Financials LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the third quarter valued at $27,000. Ulland Investment Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after acquiring an additional 242 shares during the period. Strategic Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $35,000. Finally, Quaker Wealth Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after acquiring an additional 611 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $71.16 on Friday. The stock’s 50-day moving average is $70.24 and its 200-day moving average is $67.06. The company has a market cap of $228.23 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23.

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.