Vanguard FTSE Developed Markets ETF $VEA Shares Bought by Bridges Investment Management Inc.

Bridges Investment Management Inc. increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,165,019 shares of the company’s stock after buying an additional 155,493 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 3.3% of Bridges Investment Management Inc.’s holdings, making the stock its 8th largest position. Bridges Investment Management Inc. owned 0.13% of Vanguard FTSE Developed Markets ETF worth $260,189,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VEA. Brighton Jones LLC increased its position in Vanguard FTSE Developed Markets ETF by 79.2% during the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Vanguard FTSE Developed Markets ETF by 47.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after buying an additional 39,653 shares during the period. Capstone Wealth Management Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $209,000. Squarepoint Ops LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $7,001,000. Finally, Glenview Trust co boosted its position in Vanguard FTSE Developed Markets ETF by 1.8% during the 2nd quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after buying an additional 297 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $72.32 on Wednesday. The firm’s 50 day simple moving average is $67.97 and its 200 day simple moving average is $65.76. Vanguard FTSE Developed Markets ETF has a one year low of $54.63 and a one year high of $72.32. The company has a market cap of $231.95 billion, a PE 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.