Vanguard FTSE Developed Markets ETF $VEA Shares Bought by Freedom Investment Management Inc.

Freedom Investment Management Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 51,901 shares of the company’s stock after buying an additional 7,120 shares during the quarter. Freedom Investment Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,959,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Forum Financial Management LP grew its position in Vanguard FTSE Developed Markets ETF by 1.6% during the second quarter. Forum Financial Management LP now owns 66,979 shares of the company’s stock worth $3,818,000 after buying an additional 1,086 shares during the period. BlueChip Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the second quarter worth about $233,000. Rehmann Capital Advisory Group grew its position in Vanguard FTSE Developed Markets ETF by 0.9% during the second quarter. Rehmann Capital Advisory Group now owns 104,766 shares of the company’s stock worth $5,973,000 after buying an additional 912 shares during the period. Birch Hill Investment Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.4% during the second quarter. Birch Hill Investment Advisors LLC now owns 58,753 shares of the company’s stock worth $3,350,000 after buying an additional 238 shares during the period. Finally, Onyx Bridge Wealth Group LLC grew its position in Vanguard FTSE Developed Markets ETF by 4.5% during the second quarter. Onyx Bridge Wealth Group LLC now owns 7,297 shares of the company’s stock worth $416,000 after buying an additional 315 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.0%

Shares of VEA opened at $60.71 on Thursday. The firm’s 50-day moving average is $59.67 and its two-hundred day moving average is $56.50. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $61.32. The firm has a market capitalization of $180.89 billion, a P/E ratio of 16.34 and a beta of 0.89.

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.