MBE Wealth Management LLC Buys 5,806 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

MBE Wealth Management LLC lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 25.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,849 shares of the company’s stock after buying an additional 5,806 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 0.8% of MBE Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position. MBE Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,380,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VEA. Kozak & Associates Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares during the last quarter. Decker Retirement Planning Inc. bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $29,000. Lummis Asset Management LP bought a new stake in Vanguard FTSE Developed Markets ETF during the third quarter worth $34,000. Atwood & Palmer Inc. bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $42,000. Finally, West Branch Capital LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 328.2% during the third quarter. West Branch Capital LLC now owns 835 shares of the company’s stock worth $44,000 after purchasing an additional 640 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $49.93 on Tuesday. The business has a fifty day moving average price of $49.03 and a two-hundred day moving average price of $50.28. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $46.72 and a fifty-two week high of $53.40. The stock has a market capitalization of $130.82 billion, a PE ratio of 13.32 and a beta of 0.88.

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.