Ausdal Financial Partners Inc. Raises Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Ausdal Financial Partners Inc. lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 47.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 210,323 shares of the company’s stock after acquiring an additional 67,635 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 1.1% of Ausdal Financial Partners Inc.’s portfolio, making the stock its 15th biggest position. Ausdal Financial Partners Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $10,394,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Transcendent Capital Group LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 101.2% in the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after acquiring an additional 256 shares in the last quarter. Triad Wealth Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth about $31,000. LRI Investments LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $39,000. First Command Advisory Services Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 379.3% in the 2nd quarter. First Command Advisory Services Inc. now owns 786 shares of the company’s stock valued at $39,000 after purchasing an additional 622 shares during the period. Finally, Gleason Group Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 201.4% during the 2nd quarter. Gleason Group Inc. now owns 856 shares of the company’s stock worth $42,000 after buying an additional 572 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.9 %

VEA traded down $0.96 during trading on Friday, hitting $50.37. 8,885,253 shares of the stock were exchanged, compared to its average volume of 9,860,507. The firm has a market capitalization of $131.97 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $52.54. The stock has a fifty day moving average price of $50.51 and a two-hundred day moving average price of $49.98.

Vanguard FTSE Developed Markets ETF 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.