E&R Wealth Management LLC Invests $9.83 Million in Vanguard FTSE Developed Markets ETF $VEA

E&R Wealth Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 157,419 shares of the company’s stock, valued at approximately $9,834,000. Vanguard FTSE Developed Markets ETF accounts for about 10.3% of E&R Wealth Management LLC’s holdings, making the stock its 5th biggest position.

Several other large investors have also modified their holdings of the stock. Buck Wealth Strategies LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 16.3% during the fourth quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock valued at $22,774,000 after acquiring an additional 51,187 shares during the period. Chesley Taft & Associates LLC increased its stake in shares of 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 valued at $20,687,000 after acquiring an additional 40,482 shares during the period. Root Financial Partners LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 27.1% during the fourth quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock valued at $6,079,000 after acquiring an additional 20,769 shares during the period. Eastern Bank increased its stake in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the fourth quarter. Eastern Bank now owns 2,427,295 shares of the company’s stock valued at $151,633,000 after acquiring an additional 81,764 shares during the period. Finally, Northeast Investment Management increased its stake in shares of Vanguard FTSE Developed Markets ETF by 10.8% during the third quarter. Northeast Investment Management now owns 419,287 shares of the company’s stock valued at $25,124,000 after acquiring an additional 40,747 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $68.81 on Thursday. Vanguard FTSE Developed Markets ETF has a 12 month low of $54.63 and a 12 month high of $72.32. The firm has a market capitalization of $220.69 billion, a PE ratio of 16.34 and a beta of 0.83. The company’s 50 day simple moving average is $69.05 and its 200 day simple moving average is $66.25.

Vanguard FTSE Developed Markets ETF Company 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.