Birchbrook Inc. Has $10.90 Million Stake in Vanguard FTSE Developed Markets ETF $VEA

Birchbrook Inc. decreased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 191,135 shares of the company’s stock after selling 5,171 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 5.8% of Birchbrook Inc.’s holdings, making the stock its 4th biggest position. Birchbrook Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $10,897,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares during the period. Revolve Wealth Partners LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 47.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after buying an additional 39,653 shares during the period. Capstone Wealth Management Group LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth $209,000. GW&K Investment Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 22.5% in the 1st quarter. GW&K Investment Management LLC now owns 6,367 shares of the company’s stock worth $324,000 after buying an additional 1,171 shares in the last quarter. Finally, Clifford Swan Investment Counsel LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 3.4% during the first quarter. Clifford Swan Investment Counsel LLC now owns 34,004 shares of the company’s stock valued at $1,728,000 after acquiring an additional 1,110 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 1.0%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $59.91 on Wednesday. The company has a market capitalization of $178.51 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The stock’s 50-day simple moving average is $60.52 and its 200-day simple moving average is $58.06. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $62.20.

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.