Salem Investment Counselors Inc. Buys 241 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Salem Investment Counselors Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.7% in the fourth quarter, HoldingsChannel reports. The fund owned 6,721 shares of the company’s stock after acquiring an additional 241 shares during the period. Salem Investment Counselors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $321,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Sunbelt Securities Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock worth $578,000 after purchasing an additional 205 shares during the period. Patriot Financial Group Insurance Agency LLC increased its stake in Vanguard FTSE Developed Markets ETF by 0.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock worth $3,482,000 after acquiring an additional 205 shares during the period. Optimum Investment Advisors raised its holdings in Vanguard FTSE Developed Markets ETF by 1.7% in the 3rd quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock valued at $668,000 after acquiring an additional 207 shares in the last quarter. Olistico Wealth LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 13.9% during the 3rd quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock valued at $90,000 after acquiring an additional 208 shares during the period. Finally, MTM Investment Management LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.5% during the 3rd quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock worth $743,000 after purchasing an additional 208 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.4 %

VEA stock opened at $47.58 on Wednesday. The company’s 50-day moving average price is $49.15 and its two-hundred day moving average price is $50.34. The firm has a market cap of $124.66 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.91 and a 12 month high of $53.40.

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.