Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Bought by Merit Financial Group LLC

Merit Financial Group LLC lifted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 551,974 shares of the company’s stock after purchasing an additional 57,100 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 0.8% of Merit Financial Group LLC’s investment portfolio, making the stock its 22nd biggest holding. Merit Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $26,440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Alexander Randolph Advisory Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth $424,000. GW Henssler & Associates Ltd. purchased a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $244,000. Keener Financial Planning LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $25,125,000. NewSquare Capital LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 2.8% in the fourth quarter. NewSquare Capital LLC now owns 321,863 shares of the company’s stock valued at $15,417,000 after buying an additional 8,654 shares in the last quarter. Finally, Morton Brown Family Wealth LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 6.9% during the 4th quarter. Morton Brown Family Wealth LLC now owns 350,815 shares of the company’s stock valued at $16,804,000 after acquiring an additional 22,651 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.9 %

Shares of NYSEARCA:VEA traded up $0.45 during trading on Friday, hitting $49.56. 11,882,931 shares of the stock were exchanged, compared to its average volume of 11,600,427. The company has a market cap of $129.85 billion, a PE ratio of 13.32 and a beta of 0.88. The company has a fifty day moving average price of $49.27 and a two-hundred day moving average price of $47.18. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $50.36.

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.