Vanguard FTSE Developed Markets ETF $VEA Shares Acquired by Bridges Investment Management Inc.

Bridges Investment Management Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 30.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,009,526 shares of the company’s stock after acquiring an additional 928,575 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 3.1% of Bridges Investment Management Inc.’s holdings, making the stock its 8th largest position. Bridges Investment Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $240,251,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. IFS Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $35,000. Cloud Capital Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $37,000. Elevation Point Wealth Partners LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $48,000. Kilter Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $49,000. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in Vanguard FTSE Developed Markets ETF during the second quarter worth $52,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.3%

NYSEARCA VEA opened at $66.20 on Monday. The business has a fifty day simple moving average of $63.33 and a 200 day simple moving average of $60.82. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $67.39. The firm has a market capitalization of $205.06 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.