Arbor Wealth Advisors LLC Has $2.28 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Arbor Wealth Advisors LLC raised its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,683 shares of the company’s stock after buying an additional 6,326 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 2.0% of Arbor Wealth Advisors LLC’s portfolio, making the stock its 10th largest position. Arbor Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,280,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VEA. Sageworth Trust Co of South Dakota increased its stake in Vanguard FTSE Developed Markets ETF by 7.1% in the third quarter. Sageworth Trust Co of South Dakota now owns 28,834 shares of the company’s stock valued at $1,523,000 after acquiring an additional 1,906 shares during the last quarter. Advance Capital Management Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 14.3% during the 4th quarter. Advance Capital Management Inc. now owns 13,711 shares of the company’s stock worth $656,000 after buying an additional 1,711 shares in the last quarter. Kozak & Associates Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 268.0% during the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after buying an additional 410 shares during the last quarter. First County Bank CT boosted its stake in Vanguard FTSE Developed Markets ETF by 18.0% in the fourth quarter. First County Bank CT now owns 13,089 shares of the company’s stock valued at $626,000 after buying an additional 1,993 shares in the last quarter. Finally, Tenon Financial LLC raised its stake in Vanguard FTSE Developed Markets ETF by 2.3% during the third quarter. Tenon Financial LLC now owns 231,747 shares of the company’s stock worth $12,239,000 after acquiring an additional 5,154 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $47.40 on Tuesday. The stock has a market capitalization of $124.19 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.91 and a 52 week high of $53.40. The stock has a fifty day moving average of $49.21 and a 200-day moving average of $50.35.

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.