Vanguard FTSE Developed Markets ETF $VEA is Level Wealth Management LLC’s 3rd Largest Position

Level Wealth Management LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 351,906 shares of the company’s stock after purchasing an additional 24,602 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 11.1% of Level Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Level Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $21,086,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. IFS Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at about $35,000. Armstrong Advisory Group Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 210.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock valued at $47,000 after buying an additional 563 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the second quarter worth approximately $48,000. Kilter Group LLC bought a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $49,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $52,000.

Vanguard FTSE Developed Markets ETF Stock Down 0.4%

VEA stock opened at $63.88 on Thursday. The firm has a 50 day moving average of $61.74 and a two-hundred day moving average of $59.76. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $64.19. The company has a market capitalization of $197.88 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.