Salem Investment Counselors Inc. Acquires 459 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Salem Investment Counselors Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,180 shares of the company’s stock after purchasing an additional 459 shares during the period. Salem Investment Counselors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $365,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VEA. Ironwood Wealth Management LLC. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 6.3% during the 4th quarter. Ironwood Wealth Management LLC. now owns 85,211 shares of the company’s stock valued at $4,075,000 after purchasing an additional 5,072 shares in the last quarter. Brighton Jones LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after acquiring an additional 39,653 shares in the last quarter. Stanley Laman Group Ltd. boosted its holdings in Vanguard FTSE Developed Markets ETF by 15.1% in the fourth quarter. Stanley Laman Group Ltd. now owns 9,658 shares of the company’s stock worth $462,000 after acquiring an additional 1,267 shares in the last quarter. Finally, Life Planning Partners Inc boosted its holdings in Vanguard FTSE Developed Markets ETF by 4,722.9% in the fourth quarter. Life Planning Partners Inc now owns 4,370,665 shares of the company’s stock worth $209,005,000 after acquiring an additional 4,280,041 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $56.17 on Friday. The business’s 50 day simple moving average is $53.40 and its two-hundred day simple moving average is $51.22. The firm has a market cap of $160.08 billion, a P/E ratio of 16.52 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $56.90.

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.