Kwmg LLC Grows Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Kwmg LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 1,057,699 shares of the company’s stock after purchasing an additional 35,605 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 5.5% of Kwmg LLC’s investment portfolio, making the stock its largest position. Kwmg LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $74,684,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in VEA. Green Ridge Wealth Planning LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $15,031,000. Verus Advisory Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $9,561,000. Moody National Bank Trust Division boosted its position in shares of Vanguard FTSE Developed Markets ETF by 7.9% in the third quarter. Moody National Bank Trust Division now owns 1,176,580 shares of the company’s stock valued at $83,078,000 after acquiring an additional 86,572 shares during the period. Bayban bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $3,050,000. Finally, Kovack Advisors Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 95.2% in the fourth quarter. Kovack Advisors Inc. now owns 102,465 shares of the company’s stock valued at $6,401,000 after acquiring an additional 49,980 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA traded down $0.75 during mid-day trading on Wednesday, reaching $70.36. 5,291,820 shares of the company’s stock were exchanged, compared to its average volume of 14,167,537. Vanguard FTSE Developed Markets ETF has a one year low of $58.88 and a one year high of $74.04. The firm has a market capitalization of $230.71 billion, a PE ratio of 16.34 and a beta of 0.84. The business’s fifty day simple moving average is $72.25 and its two-hundred day simple moving average is $70.26.

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.