Merit Financial Group LLC Raises Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Merit Financial Group LLC grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 551,974 shares of the company’s stock after buying an additional 57,100 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 0.8% of Merit Financial Group LLC’s investment portfolio, making the stock its 22nd largest position. Merit Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $26,440,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. NorthRock Partners LLC increased its stake in Vanguard FTSE Developed Markets ETF by 83.4% during the 3rd quarter. NorthRock Partners LLC now owns 8,939 shares of the company’s stock worth $391,000 after buying an additional 4,066 shares in the last quarter. BLB&B Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 19.7% in the 3rd quarter. BLB&B Advisors LLC now owns 2,275,674 shares of the company’s stock valued at $99,492,000 after purchasing an additional 373,820 shares in the last quarter. Brown Advisory Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 1.8% during the 3rd quarter. Brown Advisory Inc. now owns 783,983 shares of the company’s stock worth $34,276,000 after purchasing an additional 14,035 shares during the last quarter. Ironwood Wealth Management LLC. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 22.8% during the third quarter. Ironwood Wealth Management LLC. now owns 55,080 shares of the company’s stock worth $2,408,000 after buying an additional 10,216 shares in the last quarter. Finally, Miracle Mile Advisors LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 5.4% in the third quarter. Miracle Mile Advisors LLC now owns 1,529,019 shares of the company’s stock valued at $66,849,000 after buying an additional 78,609 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA traded up $0.45 on Friday, reaching $49.56. 11,882,931 shares of the company’s stock were exchanged, compared to its average volume of 11,600,427. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $50.36. The stock has a market cap of $129.85 billion, a PE ratio of 13.32 and a beta of 0.88. The stock’s fifty day moving average price is $49.27 and its 200-day moving average price is $47.18.

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.