Richards Merrill & Peterson Inc. Buys 2,110 Shares of Vanguard FTSE Developed Markets ETF $VEA

Richards Merrill & Peterson Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 18.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,389 shares of the company’s stock after acquiring an additional 2,110 shares during the period. Richards Merrill & Peterson Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $763,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in VEA. Kessler Investment Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at $26,000. von Borstel & Associates Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $26,000. Financial Network Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth about $26,000. Financial Gravity Asset Management Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $28,000. Finally, Nemes Rush Group LLC raised its position in Vanguard FTSE Developed Markets ETF by 236.5% in the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after purchasing an additional 402 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $61.22 on Friday. The business has a 50 day simple moving average of $59.76 and a two-hundred day simple moving average of $56.71. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $61.32. The firm has a market capitalization of $182.41 billion, a PE ratio of 16.34 and a beta of 0.89.

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.