Freedom Investment Management Inc. Has $1.09 Million Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Freedom Investment Management Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,707 shares of the company’s stock after purchasing an additional 320 shares during the period. Freedom Investment Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,094,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in VEA. Transcendent Capital Group LLC grew its position in Vanguard FTSE Developed Markets ETF by 101.2% during the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after buying an additional 256 shares in the last quarter. Triad Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at $31,000. Spectrum Wealth Counsel LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $33,000. Lummis Asset Management LP bought a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $34,000. Finally, Abich Financial Wealth Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% in the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after purchasing an additional 713 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.5 %

VEA opened at $49.70 on Thursday. The stock has a market capitalization of $130.21 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.65 and a twelve month high of $53.40. The company has a 50-day simple moving average of $50.96 and a 200 day simple moving average of $50.67.

Vanguard FTSE Developed Markets ETF 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.