Gemmer Asset Management LLC Has $44.89 Million Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Gemmer Asset Management LLC lifted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 787,430 shares of the company’s stock after acquiring an additional 12,797 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 4.0% of Gemmer Asset Management LLC’s portfolio, making the stock its 7th biggest position. Gemmer Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $44,891,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Kessler Investment Group LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $26,000. von Borstel & Associates Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $26,000. Financial Network Wealth Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $26,000. Financial Gravity Asset Management Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $28,000. Finally, Nemes Rush Group LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 236.5% in the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after acquiring an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.9%

VEA stock opened at $61.06 on Friday. The stock has a 50-day moving average price of $58.84 and a 200-day moving average price of $55.69. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.15. The firm has a market cap of $179.48 billion, a PE ratio of 16.34 and a beta of 0.89.

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.