Rinkey Investments Grows Position in Vanguard FTSE Developed Markets ETF $VEA

Rinkey Investments raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.5% during the second quarter, HoldingsChannel reports. The fund owned 330,467 shares of the company’s stock after buying an additional 20,257 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 5.3% of Rinkey Investments’ holdings, making the stock its 4th largest position. Rinkey Investments’ holdings in Vanguard FTSE Developed Markets ETF were worth $23,546,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Financial Advisors Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the 2nd quarter. Legacy Financial Advisors Inc. now owns 53,466 shares of the company’s stock worth $3,809,000 after purchasing an additional 1,536 shares during the last quarter. LGL Partners LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.5% during the 2nd quarter. LGL Partners LLC now owns 49,557 shares of the company’s stock valued at $3,531,000 after purchasing an additional 256 shares during the last quarter. First PREMIER Bank grew its position in Vanguard FTSE Developed Markets ETF by 448.6% during the 2nd quarter. First PREMIER Bank now owns 518,011 shares of the company’s stock valued at $36,908,000 after purchasing an additional 423,591 shares during the last quarter. NorthLanding Financial Partners LLC grew its position in Vanguard FTSE Developed Markets ETF by 22.3% during the 2nd quarter. NorthLanding Financial Partners LLC now owns 68,519 shares of the company’s stock valued at $4,882,000 after purchasing an additional 12,507 shares during the last quarter. Finally, Renasant Bank increased its stake in Vanguard FTSE Developed Markets ETF by 1.3% during the 2nd quarter. Renasant Bank now owns 69,514 shares of the company’s stock valued at $4,953,000 after purchasing an additional 887 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $72.92 on Tuesday. The stock has a market capitalization of $236.26 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $57.81 and a 52-week high of $74.04. The company has a 50-day simple moving average of $71.46 and a two-hundred day simple moving average of $69.44.

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.