Brookstone Capital Management Acquires 70,558 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Brookstone Capital Management grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 1,463,920 shares of the company’s stock after purchasing an additional 70,558 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 1.1% of Brookstone Capital Management’s investment portfolio, making the stock its 18th largest holding. Brookstone Capital Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $77,310,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Transcendent Capital Group LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 101.2% in the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after acquiring an additional 256 shares during the period. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $31,000. Spectrum Wealth Counsel LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $33,000. Abich Financial Wealth Management LLC raised its stake 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 valued at $37,000 after acquiring an additional 713 shares during the period. Finally, Fairscale Capital LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $38,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.2 %

Shares of VEA opened at $51.80 on Wednesday. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $53.40. The company has a market cap of $135.72 billion, a P/E ratio of 13.32 and a beta of 0.88. The company’s fifty day simple moving average is $51.17 and its 200-day simple moving average is $50.38.

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.