RMG Wealth Management LLC Buys Shares of 1,134 Vanguard FTSE Developed Markets ETF $VEA

RMG Wealth Management LLC bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,134 shares of the company’s stock, valued at approximately $64,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. HMV Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at $2,747,000. Country Club Bank raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 32.6% in the 2nd quarter. Country Club Bank now owns 6,802 shares of the company’s stock valued at $387,000 after buying an additional 1,674 shares during the period. SteelPeak Wealth LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 359.3% in the 2nd quarter. SteelPeak Wealth LLC now owns 50,266 shares of the company’s stock valued at $2,866,000 after buying an additional 39,322 shares during the period. Heck Capital Advisors LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 8.3% in the 2nd quarter. Heck Capital Advisors LLC now owns 15,582 shares of the company’s stock valued at $888,000 after buying an additional 1,194 shares during the period. Finally, Motiv8 Investments LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 75.8% in the 2nd quarter. Motiv8 Investments LLC now owns 18,789 shares of the company’s stock valued at $1,071,000 after buying an additional 8,099 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.2%

VEA stock opened at $61.18 on Tuesday. The company has a market capitalization of $179.83 billion, a PE ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $61.32. The business’s fifty day moving average price is $58.92 and its 200 day moving average price is $55.78.

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.