Western Wealth Management LLC Purchases 15,510 Shares of Vanguard FTSE Developed Markets ETF $VEA

Western Wealth Management LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 42.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,828 shares of the company’s stock after purchasing an additional 15,510 shares during the period. Western Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,955,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VEA. Bell Investment Advisors Inc increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.0% in the second quarter. Bell Investment Advisors Inc now owns 19,645 shares of the company’s stock worth $1,120,000 after acquiring an additional 753 shares in the last quarter. Tortoise Investment Management LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 171,889 shares of the company’s stock valued at $9,799,000 after purchasing an additional 3,394 shares in the last quarter. MTM Investment Management LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 12.0% during the 2nd quarter. MTM Investment Management LLC now owns 16,348 shares of the company’s stock valued at $932,000 after purchasing an additional 1,752 shares in the last quarter. Firestone Capital Management grew its position in shares of Vanguard FTSE Developed Markets ETF by 10.1% in the 2nd quarter. Firestone Capital Management now owns 51,881 shares of the company’s stock valued at $2,958,000 after purchasing an additional 4,759 shares during the period. Finally, Rockefeller Capital Management L.P. increased its stake in Vanguard FTSE Developed Markets ETF by 12.7% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 3,746,357 shares of the company’s stock worth $213,904,000 after purchasing an additional 422,355 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $61.32 on Friday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $62.20. The company’s 50 day moving average price is $60.49 and its two-hundred day moving average price is $57.93. The company has a market capitalization of $182.71 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.