MBM Wealth Consultants LLC Purchases 11,121 Shares of Vanguard FTSE Developed Markets ETF $VEA

MBM Wealth Consultants LLC boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 326,037 shares of the company’s stock after acquiring an additional 11,121 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 4.2% of MBM Wealth Consultants LLC’s holdings, making the stock its 8th biggest holding. MBM Wealth Consultants LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $23,022,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock valued at $6,277,926,000 after purchasing an additional 2,039,805 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 4.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after purchasing an additional 2,675,380 shares in the last quarter. Royal Bank of Canada increased its holdings in Vanguard FTSE Developed Markets ETF by 11.9% in the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after buying an additional 5,041,973 shares during the last quarter. Baird Financial Group Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 4.5% in the second quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock valued at $1,600,373,000 after buying an additional 977,255 shares in the last quarter. Finally, Facet Wealth Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 11.2% in the second quarter. Facet Wealth Inc. now owns 15,511,173 shares of the company’s stock valued at $1,105,171,000 after buying an additional 1,558,357 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA traded up $0.49 during trading on Tuesday, reaching $69.86. 4,872,261 shares of the company’s stock were exchanged, compared to its average volume of 13,945,733. The stock has a market cap of $229.04 billion, a P/E ratio of 16.34 and a beta of 0.84. The company has a 50 day moving average price of $71.94 and a two-hundred day moving average price of $70.68. Vanguard FTSE Developed Markets ETF has a 1 year low of $58.88 and a 1 year high of $74.04.

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.