First Merchants Corp Grows Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

First Merchants Corp boosted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,120 shares of the company’s stock after buying an additional 727 shares during the period. First Merchants Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $805,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of VEA. Kessler Investment Group LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $26,000. von Borstel & Associates Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $26,000. Financial Network Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $26,000. Financial Gravity Asset Management Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $28,000. Finally, Nemes Rush Group LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 236.5% in the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after purchasing an additional 402 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $60.32 on Friday. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $61.32. The company has a market capitalization of $179.73 billion, a P/E ratio of 16.34 and a beta of 0.89. The company has a fifty day moving average of $59.16 and a 200-day moving average of $55.90.

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.