Midwest Trust Co Takes Position in Vanguard FTSE Developed Markets ETF $VEA

Midwest Trust Co bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report) in the 2nd quarter, Holdings Channel.com reports. The firm bought 1,454,549 shares of the company’s stock, valued at approximately $82,924,000. Vanguard FTSE Developed Markets ETF comprises approximately 1.1% of Midwest Trust Co’s holdings, making the stock its 15th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in the company. Financial Network Wealth Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. Financial Gravity Asset Management Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $28,000. Nemes Rush Group LLC lifted its position in Vanguard FTSE Developed Markets ETF by 236.5% in the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after buying an additional 402 shares during the last quarter. IFS Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $35,000. Finally, Armstrong Advisory Group Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 210.1% in the second quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock worth $47,000 after buying an additional 563 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $60.61 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $61.80. The firm’s 50 day simple moving average is $60.18 and its two-hundred day simple moving average is $57.61. The stock has a market capitalization of $180.59 billion, a P/E ratio of 16.34 and a beta of 0.87.

About Vanguard FTSE Developed Markets ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding VEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report).

Institutional Ownership by Quarter for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

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