Jim Saulnier & Associates LLC Invests $5.05 Million in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Jim Saulnier & Associates LLC bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 3rd quarter, HoldingsChannel reports. The fund bought 95,523 shares of the company’s stock, valued at approximately $5,045,000. Vanguard FTSE Developed Markets ETF makes up approximately 5.1% of Jim Saulnier & Associates LLC’s portfolio, making the stock its 3rd largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VEA. Transcendent Capital Group LLC lifted its position in Vanguard FTSE Developed Markets ETF by 101.2% during the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after purchasing an additional 256 shares during the period. Triad Wealth Partners LLC bought a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $31,000. Spectrum Wealth Counsel LLC bought a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $33,000. Lummis Asset Management LP bought a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at approximately $34,000. Finally, Abich Financial Wealth Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 2,458.6% during the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after purchasing an additional 713 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.4 %

Shares of Vanguard FTSE Developed Markets ETF stock opened at $49.50 on Friday. The company has a market cap of $129.69 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The company’s 50 day moving average is $51.09 and its 200 day moving average is $50.68. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.65 and a twelve month high of $53.40.

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.