Level Wealth Management LLC Buys 7,931 Shares of Vanguard FTSE Developed Markets ETF $VEA

Level Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 407,350 shares of the company’s stock after buying an additional 7,931 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 11.0% of Level Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. Level Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $28,763,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. First Community Trust NA purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $37,000. Scarborough Advisors LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $40,000. Cdkv Holdings LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 147.5% in the first quarter. Cdkv Holdings LLC now owns 646 shares of the company’s stock valued at $41,000 after purchasing an additional 385 shares during the period. CKW Financial Group purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $52,000. Finally, TOP Private Wealth LLC. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $59,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $69.05 on Monday. Vanguard FTSE Developed Markets ETF has a twelve month low of $58.88 and a twelve month high of $74.04. The stock has a market capitalization of $226.40 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84. The stock has a fifty day simple moving average of $71.64 and a two-hundred day simple moving average of $70.81.

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.