Mainstream Capital Management LLC Makes New Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Mainstream Capital Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,069 shares of the company’s stock, valued at approximately $99,000.

A number of other large investors also recently made changes to their positions in the business. Brown Lisle Cummings Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 5.5% in the fourth quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock worth $184,000 after acquiring an additional 200 shares during the last quarter. MTM Investment Management LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 1.5% in the third quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock worth $743,000 after acquiring an additional 208 shares during the last quarter. O Connor Financial Group LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 3.4% in the fourth quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock worth $302,000 after acquiring an additional 210 shares during the last quarter. Carmel Capital Partners LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 3.1% in the third quarter. Carmel Capital Partners LLC now owns 7,600 shares of the company’s stock worth $401,000 after acquiring an additional 226 shares during the last quarter. Finally, Crewe Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 0.8% in the fourth quarter. Crewe Advisors LLC now owns 29,257 shares of the company’s stock worth $1,399,000 after acquiring an additional 230 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.7 %

Shares of NYSEARCA VEA opened at $51.45 on Tuesday. The firm’s 50-day moving average price is $49.62 and its two-hundred day moving average price is $50.44. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.79 and a 52-week high of $53.40. The stock has a market capitalization of $144.57 billion, a P/E ratio of 16.75 and a beta of 0.92.

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.