Farmers & Merchants Investments Inc. Acquires 185,456 Shares of Vanguard FTSE Developed Markets ETF $VEA

Farmers & Merchants Investments Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,549,570 shares of the company’s stock after purchasing an additional 185,456 shares during the period. Vanguard FTSE Developed Markets ETF comprises 6.1% of Farmers & Merchants Investments Inc.’s holdings, making the stock its 2nd biggest holding. Farmers & Merchants Investments Inc. owned about 0.11% of Vanguard FTSE Developed Markets ETF worth $221,742,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Nova Wealth Management Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after acquiring an additional 253 shares in the last quarter. GGM Financials LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth approximately $27,000. Ulland Investment Advisors LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $35,000. Finally, Cloud Capital Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth approximately $37,000.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $70.83 on Friday. The firm’s 50 day simple moving average is $66.56 and its 200-day simple moving average is $64.62. The company has a market cap of $227.17 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $53.51 and a fifty-two week high of $71.12.

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.