Linscomb Wealth Inc. Buys 18,018 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Linscomb Wealth Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,908,410 shares of the company’s stock after acquiring an additional 18,018 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 10.2% of Linscomb Wealth Inc.’s portfolio, making the stock its largest position. Linscomb Wealth Inc. owned approximately 0.15% of Vanguard FTSE Developed Markets ETF worth $206,403,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Bangor Savings Bank raised its holdings in Vanguard FTSE Developed Markets ETF by 0.4% during the second quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock worth $2,535,000 after buying an additional 201 shares during the last quarter. Sunbelt Securities Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock worth $578,000 after acquiring an additional 205 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock worth $3,482,000 after acquiring an additional 205 shares in the last quarter. Optimum Investment Advisors grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the 3rd quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after acquiring an additional 207 shares in the last quarter. Finally, Olistico Wealth LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 13.9% in the 3rd quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock worth $90,000 after acquiring an additional 208 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.2 %

VEA traded down $0.11 during trading on Friday, hitting $49.06. 1,792,824 shares of the company traded hands, compared to its average volume of 9,533,562. The firm has a market cap of $128.54 billion, a P/E ratio of 13.32 and a beta of 0.88. The stock’s fifty day moving average is $51.30 and its 200 day moving average is $50.67. Vanguard FTSE Developed Markets ETF has a one year low of $44.81 and a one year high of $53.40.

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.