Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Maripau Wealth Management LLC’s 5th Largest Position

Maripau Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 28.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 108,467 shares of the company’s stock after buying an additional 23,704 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 5.0% of Maripau Wealth Management LLC’s holdings, making the stock its 5th largest holding. Maripau Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,728,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Transcendent Capital Group LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 101.2% during 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 during the last quarter. Triad Wealth Partners LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $31,000. Spectrum Wealth Counsel LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $33,000. Abich Financial Wealth Management LLC boosted its stake 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 acquiring an additional 713 shares during the last quarter. Finally, Fairscale Capital LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth about $38,000.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA traded down $0.24 on Tuesday, reaching $51.00. The stock had a trading volume of 4,498,466 shares, compared to its average volume of 9,521,451. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $53.40. The company has a market cap of $133.62 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The firm’s fifty day moving average is $51.73 and its two-hundred day moving average is $50.50.

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.