Davis R M Inc. Grows Stake in Vanguard FTSE Developed Markets ETF $VEA

Davis R M Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,087,843 shares of the company’s stock after purchasing an additional 180,380 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 2.2% of Davis R M Inc.’s portfolio, making the stock its 12th biggest position. Davis R M Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $119,028,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Network Wealth Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the first quarter worth $26,000. Nemes Rush Group LLC lifted its holdings in shares of 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 acquiring an additional 402 shares during the last quarter. IFS Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth about $35,000. Armstrong Advisory Group Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 210.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock worth $47,000 after purchasing an additional 563 shares during the period. Finally, Brooklyn Investment Group grew its holdings in Vanguard FTSE Developed Markets ETF by 185.1% during the 1st quarter. Brooklyn Investment Group now owns 958 shares of the company’s stock valued at $49,000 after purchasing an additional 622 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $60.61 on Monday. The firm has a market capitalization of $180.59 billion, a P/E ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.80. The company’s 50-day moving average is $60.18 and its 200 day moving average is $57.65.

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.