Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Lwmg LLC’s 2nd Largest Position

Lwmg LLC increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,249,080 shares of the company’s stock after acquiring an additional 52,884 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 12.5% of Lwmg LLC’s investment portfolio, making the stock its 2nd biggest holding. Lwmg LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $65,964,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Transcendent Capital Group LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 101.2% in the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after purchasing an additional 256 shares during the last quarter. Triad Wealth Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the second quarter worth about $31,000. Spectrum Wealth Counsel LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth approximately $33,000. Abich Financial Wealth Management LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% during the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after buying an additional 713 shares during the last quarter. Finally, Fairscale Capital LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $38,000.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA traded up $0.31 during mid-day trading on Friday, reaching $52.17. The stock had a trading volume of 7,662,205 shares, compared to its average volume of 9,663,913. The stock has a market cap of $136.69 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $53.40. The company has a fifty day moving average price of $51.13 and a 200 day moving average price of $50.36.

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.