Bridges Investment Management Inc. Increases Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Bridges Investment Management Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 38.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,953,043 shares of the company’s stock after buying an additional 814,574 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 2.2% of Bridges Investment Management Inc.’s portfolio, making the stock its 11th biggest position. Bridges Investment Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $145,939,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Transcendent Capital Group LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 101.2% during the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after acquiring an additional 256 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $31,000. Spectrum Wealth Counsel LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $33,000. LRI Investments LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth $39,000. Finally, First Command Advisory Services Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 379.3% in the second quarter. First Command Advisory Services Inc. now owns 786 shares of the company’s stock valued at $39,000 after buying an additional 622 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $52.58 on Friday. The stock has a market cap of $137.76 billion, a PE ratio of 13.32 and a beta of 0.88. The stock’s fifty day moving average is $50.75 and its two-hundred day moving average is $50.15. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $52.67.

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.