Drive Wealth Management LLC Grows Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Drive Wealth Management LLC lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 382,994 shares of the company’s stock after buying an additional 7,155 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 5.3% of Drive Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. Drive Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $20,226,000 at the end of the most recent reporting period.

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

Vanguard FTSE Developed Markets ETF Stock Down 0.3 %

Shares of VEA opened at $49.03 on Monday. Vanguard FTSE Developed Markets ETF has a 52 week low of $44.81 and a 52 week high of $53.40. The stock has a market cap of $128.46 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The business has a 50-day simple moving average of $51.27 and a two-hundred day simple moving average of $50.70.

About Vanguard FTSE Developed Markets ETF

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.