Merit Financial Group LLC Grows Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Merit Financial Group LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 875,114 shares of the company’s stock after acquiring an additional 62,951 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 0.8% of Merit Financial Group LLC’s holdings, making the stock its 29th biggest holding. Merit Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $41,848,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of VEA. Creative Planning lifted its stake in Vanguard FTSE Developed Markets ETF by 4.9% in the second quarter. Creative Planning now owns 139,777,262 shares of the company’s stock worth $6,907,792,000 after acquiring an additional 6,565,775 shares during the period. WealthNavi Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 5.6% in the 3rd quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after purchasing an additional 2,436,012 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock valued at $2,518,573,000 after purchasing an additional 2,402,484 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 5,209.5% during the third quarter. International Assets Investment Management LLC now owns 1,895,439 shares of the company’s stock valued at $100,098,000 after buying an additional 1,859,740 shares during the period. Finally, Cerity Partners LLC raised its stake in Vanguard FTSE Developed Markets ETF by 12.4% in the third quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock worth $814,998,000 after buying an additional 1,700,587 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.5 %

Vanguard FTSE Developed Markets ETF stock opened at $48.57 on Friday. The firm has a market cap of $127.25 billion, a P/E ratio of 13.32 and a beta of 0.88. The business has a fifty day moving average of $49.05 and a two-hundred day moving average of $50.31. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.33 and a twelve month high of $53.40.

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.