Meridian Wealth Management LLC Takes $3.12 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Meridian Wealth Management LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 59,105 shares of the company’s stock, valued at approximately $3,121,000.

A number of other hedge funds have also recently bought and sold shares of VEA. Sageworth Trust Co of South Dakota grew its holdings in Vanguard FTSE Developed Markets ETF by 7.1% in the third quarter. Sageworth Trust Co of South Dakota now owns 28,834 shares of the company’s stock valued at $1,523,000 after purchasing an additional 1,906 shares during the period. Richard W. Paul & Associates LLC increased its stake in Vanguard FTSE Developed Markets ETF by 5.8% during the second quarter. Richard W. Paul & Associates LLC now owns 16,900 shares of the company’s stock worth $835,000 after acquiring an additional 924 shares during the last quarter. XML Financial LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 5.9% in the 2nd quarter. XML Financial LLC now owns 4,719 shares of the company’s stock valued at $233,000 after purchasing an additional 262 shares in the last quarter. Tenon Financial LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 2.3% in the third quarter. Tenon Financial LLC now owns 231,747 shares of the company’s stock valued at $12,239,000 after buying an additional 5,154 shares during the period. Finally, Raymond James & Associates increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.1% in the second quarter. Raymond James & Associates now owns 3,978,354 shares of the company’s stock worth $196,610,000 after acquiring an additional 118,792 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.4 %

Shares of Vanguard FTSE Developed Markets ETF stock opened at $49.50 on Friday. The company has a fifty day moving average price of $51.09 and a 200 day moving average price of $50.68. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.65 and a twelve month high of $53.40. The stock has a market cap of $129.69 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.