Meridian Wealth Management LLC Has $2.90 Million Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Meridian Wealth Management LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,693 shares of the company’s stock after buying an additional 1,588 shares during the quarter. Meridian Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,903,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Kozak & Associates Inc. raised its position in Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after acquiring an additional 410 shares in the last quarter. Decker Retirement Planning Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $29,000. Lummis Asset Management LP acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at $34,000. Keystone Financial Group Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $32,000. Finally, Roxbury Financial LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $37,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.7 %

Vanguard FTSE Developed Markets ETF stock opened at $51.45 on Tuesday. The company’s 50-day moving average price is $49.62 and its two-hundred day moving average price is $50.44. The stock has a market cap of $144.57 billion, a P/E ratio of 16.75 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.79 and a twelve month high of $53.40.

About Vanguard FTSE Developed Markets ETF

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.