Glassman Wealth Services Grows Position in Vanguard FTSE Developed Markets ETF $VEA

Glassman Wealth Services lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 93.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 74,572 shares of the company’s stock after acquiring an additional 36,032 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 0.6% of Glassman Wealth Services’ investment portfolio, making the stock its 15th biggest holding. Glassman Wealth Services’ holdings in Vanguard FTSE Developed Markets ETF were worth $4,468,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Cloud Capital Management LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the third quarter worth about $37,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $48,000. Kilter Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $49,000. Strengthening Families & Communities LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth approximately $55,000. Finally, Collier Financial bought a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at approximately $56,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $69.18 on Tuesday. The business has a fifty day moving average price of $65.38 and a 200-day moving average price of $62.06. The company has a market capitalization of $214.29 billion, a PE 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 $69.66.

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.