MAI Capital Management Raises Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

MAI Capital Management raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.7% in the third quarter, HoldingsChannel.com reports. The firm owned 3,373,696 shares of the company’s stock after buying an additional 151,270 shares during the period. Vanguard FTSE Developed Markets ETF comprises 1.7% of MAI Capital Management’s holdings, making the stock its 9th largest position. MAI Capital Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $178,165,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Transcendent Capital Group LLC increased its position in shares of 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 worth $25,000 after acquiring an additional 256 shares in the last quarter. Triad Wealth Partners LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $31,000. Spectrum Wealth Counsel LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $33,000. Lummis Asset Management LP purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth approximately $34,000. Finally, Abich Financial Wealth Management LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% in 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 Price Performance

VEA opened at $49.03 on Monday. Vanguard FTSE Developed Markets ETF has a 1 year low of $44.81 and a 1 year high of $53.40. The company has a market capitalization of $128.46 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The firm’s fifty day moving average price is $51.27 and its two-hundred day moving average price is $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.