Arbor Wealth Advisors LLC Purchases New Shares in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Arbor Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 34,337 shares of the company’s stock, valued at approximately $1,645,000. Vanguard FTSE Developed Markets ETF accounts for about 1.7% of Arbor Wealth Advisors LLC’s portfolio, making the stock its 13th largest holding.

Several other hedge funds have also modified their holdings of VEA. Wetzel Investment Advisors Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $26,000. Versant Capital Management Inc purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at approximately $29,000. First Command Advisory Services Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 81.3% in the 4th quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock valued at $33,000 after acquiring an additional 309 shares during the period. Investment Research & Advisory Group Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 273.9% during the fourth quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock worth $34,000 after buying an additional 515 shares during the period. Finally, Orion Capital Management LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the third quarter valued at about $40,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock traded up $0.49 on Tuesday, reaching $48.87. The company had a trading volume of 7,995,504 shares, compared to its average volume of 11,694,505. The firm has a market cap of $128.04 billion, a PE ratio of 13.31 and a beta of 0.88. The firm’s 50 day moving average price is $49.18 and its two-hundred day moving average price is $46.98. Vanguard FTSE Developed Markets ETF has a 52-week low of $41.48 and a 52-week high of $50.36.

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.