Alpine Bank Wealth Management Takes $3.01 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Alpine Bank Wealth Management bought a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 59,219 shares of the company’s stock, valued at approximately $3,010,000.

Several other hedge funds have also recently made changes to their positions in VEA. Ironwood Wealth Management LLC. raised its position in shares of Vanguard FTSE Developed Markets ETF by 6.3% during the 4th quarter. Ironwood Wealth Management LLC. now owns 85,211 shares of the company’s stock valued at $4,075,000 after buying an additional 5,072 shares in the last quarter. Brighton Jones LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $318,000. Finally, WealthShield Partners LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 12.3% in the fourth quarter. WealthShield Partners LLC now owns 16,808 shares of the company’s stock worth $804,000 after purchasing an additional 1,845 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $56.15 on Wednesday. The company has a 50 day moving average price of $54.38 and a 200-day moving average price of $51.49. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $56.91. The company has a market capitalization of $161.15 billion, a PE ratio of 16.34 and a beta of 0.87.

Vanguard FTSE Developed Markets ETF 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.