Merit Financial Group LLC Raises Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Merit Financial Group LLC boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 940,699 shares of the company’s stock after purchasing an additional 11,327 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $58,765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Nova Wealth Management Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares during the period. GGM Financials LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the third quarter valued at $27,000. Ulland Investment Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares in the last quarter. Cloud Capital Management LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth about $37,000. Finally, Key Capital Management INC bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $51,000.

Vanguard FTSE Developed Markets ETF Stock Down 0.1%

NYSEARCA:VEA opened at $68.63 on Friday. The stock has a market cap of $220.11 billion, a P/E ratio of 16.34 and a beta of 0.83. The business’s 50-day moving average price is $66.59 and its two-hundred day moving average price is $63.81. Vanguard FTSE Developed Markets ETF has a twelve month low of $50.17 and a twelve month high of $70.55.

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.