Cornerstone Wealth Management LLC Buys 1,471 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Cornerstone Wealth Management LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,832 shares of the company’s stock after acquiring an additional 1,471 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,420,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of VEA. Transcendent Capital Group LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 101.2% in the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after purchasing an additional 256 shares in the last quarter. Triad Wealth Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the second quarter worth about $31,000. Spectrum Wealth Counsel LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth approximately $33,000. Abich Financial Wealth Management LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% during the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after buying an additional 713 shares during the last quarter. Finally, Fairscale Capital LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $38,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.4 %

Shares of NYSEARCA VEA opened at $51.56 on Thursday. The firm has a market cap of $135.07 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $53.40. The company has a 50 day moving average of $51.57 and a 200 day moving average of $50.46.

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.