Vanguard FTSE Developed Markets ETF $VEA Shares Acquired by Summit Global Investments

Summit Global Investments increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 237,638 shares of the company’s stock after acquiring an additional 23,287 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 0.8% of Summit Global Investments’ investment portfolio, making the stock its 15th largest holding. Summit Global Investments’ holdings in Vanguard FTSE Developed Markets ETF were worth $16,780,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. MGO One Seven LLC increased its stake in Vanguard FTSE Developed Markets ETF by 18.9% in the third quarter. MGO One Seven LLC now owns 272,461 shares of the company’s stock valued at $19,238,000 after purchasing an additional 43,357 shares during the last quarter. Sagace Wealth Management LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 1.0% during the third quarter. Sagace Wealth Management LLC now owns 82,621 shares of the company’s stock worth $5,834,000 after purchasing an additional 810 shares in the last quarter. Aprio Wealth Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 10.0% during the 3rd quarter. Aprio Wealth Management LLC now owns 28,968 shares of the company’s stock worth $2,045,000 after buying an additional 2,632 shares during the last quarter. Morling Financial Advisors LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 1.4% during the 3rd quarter. Morling Financial Advisors LLC now owns 59,152 shares of the company’s stock worth $4,177,000 after buying an additional 796 shares during the last quarter. Finally, Greenup Street Wealth Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 4.1% during the 3rd quarter. Greenup Street Wealth Management LLC now owns 5,789 shares of the company’s stock worth $409,000 after buying an additional 226 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.5%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $69.44 on Friday. The company has a fifty day simple moving average of $71.32 and a 200-day simple moving average of $69.45. Vanguard FTSE Developed Markets ETF has a 12-month low of $58.88 and a 12-month high of $74.04. The stock has a market cap of $227.68 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84.

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.