Able Wealth Management LLC Raises Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Able Wealth Management LLC increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 57.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,699 shares of the company’s stock after buying an additional 3,162 shares during the quarter. Able Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $416,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Kozak & Associates Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at approximately $29,000. Keystone Financial Group Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $32,000. Lummis Asset Management LP acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth about $34,000. Finally, Crews Bank & Trust purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $37,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $51.41 on Thursday. The firm has a market capitalization of $134.69 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The business’s 50 day moving average price is $49.24 and its 200-day moving average price is $50.29. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.79 and a 1 year high of $53.40.

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.