Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Bought by Bridges Investment Management Inc.

Bridges Investment Management Inc. grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 38.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,953,043 shares of the company’s stock after purchasing an additional 814,574 shares during the period. Vanguard FTSE Developed Markets ETF makes up 2.2% of Bridges Investment Management Inc.’s investment portfolio, making the stock its 11th largest position. Bridges Investment Management Inc. owned 0.11% of Vanguard FTSE Developed Markets ETF worth $145,939,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of VEA. Transcendent Capital Group LLC raised its position in Vanguard FTSE Developed Markets ETF by 101.2% in the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after purchasing an additional 256 shares during the period. Triad Wealth Partners LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth about $31,000. Spectrum Wealth Counsel LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $33,000. LRI Investments LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $39,000. Finally, First Command Advisory Services Inc. grew its position in Vanguard FTSE Developed Markets ETF by 379.3% in the 2nd quarter. First Command Advisory Services Inc. now owns 786 shares of the company’s stock valued at $39,000 after acquiring an additional 622 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $52.58 on Friday. The firm’s 50-day moving average is $50.75 and its two-hundred day moving average is $50.15. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $52.67. The firm has a market capitalization of $137.76 billion, a PE ratio of 13.32 and a beta of 0.88.

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.