Mountain Capital Investment Advisors Inc. Has $82.49 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Mountain Capital Investment Advisors Inc. boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 98.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,447,923 shares of the company’s stock after acquiring an additional 719,329 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 15.9% of Mountain Capital Investment Advisors Inc.’s holdings, making the stock its 3rd biggest position. Mountain Capital Investment Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $82,488,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VEA. Kessler Investment Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth $26,000. von Borstel & Associates Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $26,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $28,000. Finally, Nemes Rush Group LLC lifted its position 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 acquiring an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $60.71 on Monday. The business has a 50-day simple moving average of $59.51 and a two-hundred day simple moving average of $56.34. The company has a market capitalization of $180.89 billion, a P/E ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $61.32.

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.