Meridian Financial LLC Makes New $213,000 Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

by · The Cerbat Gem

Meridian Financial LLC bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,188 shares of the company’s stock, valued at approximately $213,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VEA. Brighton Jones LLC grew its stake in Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after purchasing an additional 39,653 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $318,000. SVB Wealth LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $5,145,000. Finally, Maple Capital Management Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 13.8% in the 4th quarter. Maple Capital Management Inc. now owns 7,668 shares of the company’s stock valued at $367,000 after purchasing an additional 930 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.6%

Shares of VEA opened at $56.83 on Friday. The firm has a market cap of $163.27 billion, a PE ratio of 16.34 and a beta of 0.89. The company’s fifty day moving average is $54.73 and its two-hundred day moving average is $51.61. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $57.05.

About Vanguard FTSE Developed Markets ETF

(Free Report)

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.

Further Reading

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