Mattern Capital Management LLC Purchases 1,528 Shares of Vanguard FTSE Developed Markets ETF $VEA

Mattern Capital Management LLC lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 18,878 shares of the company’s stock after acquiring an additional 1,528 shares during the quarter. Mattern Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,076,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in VEA. Brighton Jones LLC grew its position in Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after buying an additional 107,649 shares during the period. Revolve Wealth Partners LLC grew its position in Vanguard FTSE Developed Markets ETF by 47.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after buying an additional 39,653 shares during the period. Secure Asset Management LLC bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at about $533,000. Better Money Decisions LLC bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at about $405,000. Finally, Naples Global Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 4.1% during the first quarter. Naples Global Advisors LLC now owns 104,492 shares of the company’s stock valued at $5,311,000 after buying an additional 4,146 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $60.50 on Friday. The firm has a market cap of $177.83 billion, a P/E ratio of 16.34 and a beta of 0.89. The firm has a 50-day moving average of $58.78 and a 200 day moving average of $55.62. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $60.67.

About Vanguard FTSE Developed Markets ETF

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.