Beam Wealth Advisors Inc. Acquires Shares of 40,249 Vanguard FTSE Developed Markets ETF $VEA

Beam Wealth Advisors Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 40,249 shares of the company’s stock, valued at approximately $2,579,000.

Several other large investors have also recently made changes to their positions in the business. Brighton Jones LLC grew its position in Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after buying an additional 107,649 shares during the period. Revolve Wealth Partners LLC raised its position in Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after acquiring an additional 39,653 shares during the period. Capstone Wealth Management Group LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the first quarter worth about $209,000. Squarepoint Ops LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at about $7,001,000. Finally, Glenview Trust co boosted its stake in Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after acquiring an additional 297 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.6%

Vanguard FTSE Developed Markets ETF stock opened at $70.34 on Thursday. Vanguard FTSE Developed Markets ETF has a twelve month low of $55.68 and a twelve month high of $73.23. The firm has a 50 day moving average price of $70.66 and a 200-day moving average price of $67.60. The company has a market capitalization of $227.90 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.