Broadview Financial Management LLC Purchases 1,571 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Broadview Financial Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 120,860 shares of the company’s stock after purchasing an additional 1,571 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 4.1% of Broadview Financial Management LLC’s investment portfolio, making the stock its 8th largest position. Broadview Financial Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,780,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Brown Lisle Cummings Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 5.5% during the fourth quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock valued at $184,000 after purchasing an additional 200 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after buying an additional 205 shares during the period. MTM Investment Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 1.5% in the third quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock valued at $743,000 after buying an additional 208 shares during the period. O Connor Financial Group LLC raised its stake in Vanguard FTSE Developed Markets ETF by 3.4% in the fourth quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after buying an additional 210 shares during the period. Finally, Carmel Capital Partners LLC raised its stake in Vanguard FTSE Developed Markets ETF by 3.1% in the third quarter. Carmel Capital Partners LLC now owns 7,600 shares of the company’s stock valued at $401,000 after buying an additional 226 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.7 %

NYSEARCA:VEA opened at $51.24 on Friday. The stock’s 50 day moving average price is $49.29 and its two-hundred day moving average price is $50.33. The firm has a market capitalization of $134.25 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.79 and a 12-month high of $53.40.

Vanguard FTSE Developed Markets ETF 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.