Arbor Wealth Advisors LLC Grows Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Arbor Wealth Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,947 shares of the company’s stock after buying an additional 610 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 1.7% of Arbor Wealth Advisors LLC’s holdings, making the stock its 13th biggest position. Arbor Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,753,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wetzel Investment Advisors Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $26,000. Versant Capital Management Inc purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $29,000. First Command Advisory Services Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 81.3% in the fourth 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. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 273.9% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after purchasing an additional 515 shares in the last quarter. Finally, Orion Capital Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $40,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock traded down $0.78 during midday trading on Friday, hitting $49.11. 7,803,675 shares of the stock traded hands, compared to its average volume of 10,653,452. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $51.28. The stock’s fifty day simple moving average is $49.85 and its 200-day simple moving average is $48.76. The firm has a market cap of $128.66 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.