Nwam LLC Makes New $14.39 Million Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Nwam LLC purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 272,428 shares of the company’s stock, valued at approximately $14,387,000. Vanguard FTSE Developed Markets ETF comprises about 0.9% of Nwam LLC’s portfolio, making the stock its 20th largest position.

A number of other large investors have also added to or reduced their stakes in the company. Bangor Savings Bank boosted its stake in Vanguard FTSE Developed Markets ETF by 0.4% during the second quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock worth $2,535,000 after acquiring an additional 201 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock worth $578,000 after buying an additional 205 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock worth $3,482,000 after buying an additional 205 shares during the last quarter. Optimum Investment Advisors raised its holdings in Vanguard FTSE Developed Markets ETF by 1.7% in the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after buying an additional 207 shares during the last quarter. Finally, Olistico Wealth LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 13.9% in the third quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock worth $90,000 after buying an additional 208 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $49.27 on Friday. The stock has a market capitalization of $129.09 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.65 and a 52-week high of $53.40. The company has a 50-day simple moving average of $51.13 and a two-hundred day simple moving average of $50.68.

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.