Merit Financial Group LLC Raises Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Merit Financial Group LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 940,699 shares of the company’s stock after acquiring an additional 11,327 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $58,765,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Etesian Wealth Advisors Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 6.3% in the 3rd quarter. Etesian Wealth Advisors Inc. now owns 222,561 shares of the company’s stock valued at $13,336,000 after acquiring an additional 13,158 shares during the period. Chesley Taft & Associates LLC boosted its position in Vanguard FTSE Developed Markets ETF by 13.9% during the fourth quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock worth $20,687,000 after purchasing an additional 40,482 shares during the period. Warner Financial Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 5.5% in the third quarter. Warner Financial Inc. now owns 292,561 shares of the company’s stock worth $17,530,000 after purchasing an additional 15,376 shares in the last quarter. Noble Family Wealth LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 8.9% in the third quarter. Noble Family Wealth LLC now owns 639,448 shares of the company’s stock worth $38,316,000 after purchasing an additional 52,052 shares in the last quarter. Finally, Eastern Bank raised its position in shares of Vanguard FTSE Developed Markets ETF by 6.1% in the third quarter. Eastern Bank now owns 2,345,531 shares of the company’s stock valued at $140,544,000 after purchasing an additional 133,977 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.1%

Shares of VEA stock opened at $68.63 on Friday. The firm’s 50 day moving average is $66.59 and its 200 day moving average is $63.81. The stock has a market capitalization of $220.11 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12 month low of $50.17 and a 12 month high of $70.55.

Vanguard FTSE Developed Markets ETF 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.