Morton Brown Family Wealth LLC Purchases 14,364 Shares of Vanguard FTSE Developed Markets ETF $VEA

Morton Brown Family Wealth LLC raised its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 546,999 shares of the company’s stock after purchasing an additional 14,364 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 8.6% of Morton Brown Family Wealth LLC’s portfolio, making the stock its 3rd largest holding. Morton Brown Family Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $38,624,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of VEA. Envestnet Asset Management Inc. increased its position in Vanguard FTSE Developed Markets ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock worth $6,277,926,000 after purchasing an additional 2,039,805 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard FTSE Developed Markets ETF by 4.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after buying an additional 2,675,380 shares during the period. Royal Bank of Canada raised its holdings in Vanguard FTSE Developed Markets ETF by 11.9% in the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after buying an additional 5,041,973 shares during the period. Baird Financial Group Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 4.5% in the second quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock valued at $1,600,373,000 after buying an additional 977,255 shares during the period. Finally, Facet Wealth Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 11.2% in the second quarter. Facet Wealth Inc. now owns 15,511,173 shares of the company’s stock valued at $1,105,171,000 after buying an additional 1,558,357 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $69.05 on Monday. The stock has a market cap of $226.40 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $58.88 and a fifty-two week high of $74.04. The firm’s 50 day moving average price is $71.64 and its two-hundred day moving average price is $70.81.

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.