Wedgewood Investors Inc. PA Makes New Investment in Vanguard FTSE Developed Markets ETF $VEA

Wedgewood Investors Inc. PA purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,669 shares of the company’s stock, valued at approximately $209,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kessler Investment Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth $26,000. von Borstel & Associates Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth $26,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth $26,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth $28,000. Finally, Nemes Rush Group LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 236.5% in the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after acquiring an additional 402 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $60.69 on Wednesday. The firm has a market capitalization of $180.83 billion, a P/E ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.32. The company’s fifty day moving average price is $59.63 and its 200-day moving average price is $56.47.

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.