Vanguard FTSE Developed Markets ETF $VEA Shares Bought by Meridian Management Co.

Meridian Management Co. grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 627,592 shares of the company’s stock after buying an additional 56,498 shares during the period. Vanguard FTSE Developed Markets ETF makes up 9.7% of Meridian Management Co.’s portfolio, making the stock its largest position. Meridian Management Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $39,206,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. TL Private Wealth grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after buying an additional 155 shares during the period. Belpointe Asset Management LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.5% in the 4th quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after buying an additional 162 shares during the period. Spire Wealth Management grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.6% in the 4th quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after buying an additional 163 shares during the period. Twelve Points Wealth Management LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.9% in the 4th quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock valued at $1,220,000 after buying an additional 166 shares during the period. Finally, IAG Wealth Partners LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 8.1% in the 4th quarter. IAG Wealth Partners LLC now owns 2,253 shares of the company’s stock valued at $141,000 after buying an additional 168 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.1%

Shares of VEA stock opened at $71.87 on Tuesday. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.63 and a 12-month high of $72.22. The firm has a market capitalization of $230.51 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The firm has a fifty day moving average of $67.97 and a 200-day moving average of $65.76.

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.