Vanguard FTSE Developed Markets ETF $VEA Stock Purchased by Summit Global Investments

Summit Global Investments boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 237,638 shares of the company’s stock after acquiring an additional 23,287 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 0.8% of Summit Global Investments’ holdings, making the stock its 15th biggest holding. Summit Global Investments’ holdings in Vanguard FTSE Developed Markets ETF were worth $16,780,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in VEA. First Community Trust NA purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at approximately $37,000. Scarborough Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $40,000. Cdkv Holdings LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 147.5% in the 1st quarter. Cdkv Holdings LLC now owns 646 shares of the company’s stock valued at $41,000 after purchasing an additional 385 shares in the last quarter. CKW Financial Group acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $52,000. Finally, TOP Private Wealth LLC. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $59,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.5%

Vanguard FTSE Developed Markets ETF stock opened at $69.44 on Friday. The company has a fifty day simple moving average of $71.32 and a 200-day simple moving average of $69.45. The stock has a market cap of $227.68 billion, a P/E ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a 12-month low of $58.88 and a 12-month high of $74.04.

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.