Briggs Wealth Management Inc Invests $512,000 in Vanguard FTSE Developed Markets ETF $VEA

Briggs Wealth Management Inc bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 8,193 shares of the company’s stock, valued at approximately $512,000. Vanguard FTSE Developed Markets ETF accounts for about 0.6% of Briggs Wealth Management Inc’s investment portfolio, making the stock its 23rd biggest holding.

Several other hedge funds have also bought and sold shares of VEA. Nova Wealth Management Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after acquiring an additional 253 shares during the period. GGM Financials LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at $27,000. Ulland Investment Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares during the last quarter. Strategic Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $35,000. Finally, Quaker Wealth Management LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% in the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after purchasing an additional 611 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $72.31 on Friday. The firm has a market capitalization of $231.92 billion, a PE ratio of 16.34 and a beta of 0.83. The company’s 50-day moving average is $69.92 and its 200-day moving average is $66.73. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.63 and a fifty-two week high of $73.23.

Vanguard FTSE Developed Markets ETF Company Profile

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.