Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Purchased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 222,108 shares of the company’s stock after acquiring an additional 5,161 shares during the period. Concurrent Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $11,730,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VEA. Transcendent Capital Group LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 101.2% during the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after purchasing an additional 256 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at about $31,000. Spectrum Wealth Counsel LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth about $33,000. Abich Financial Wealth Management LLC increased its position in Vanguard FTSE Developed Markets ETF by 2,458.6% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after acquiring an additional 713 shares during the period. Finally, Fairscale Capital LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $38,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock traded down $0.87 during midday trading on Wednesday, hitting $49.94. The company had a trading volume of 2,014,630 shares, compared to its average volume of 9,460,719. Vanguard FTSE Developed Markets ETF has a 52-week low of $43.29 and a 52-week high of $53.40. The company’s 50 day simple moving average is $51.58 and its 200 day simple moving average is $50.64. The stock has a market cap of $130.84 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.