Arbor Wealth Advisors LLC Grows Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Arbor Wealth Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 22.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 45,301 shares of the company’s stock after buying an additional 8,255 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 2.0% of Arbor Wealth Advisors LLC’s portfolio, making the stock its 11th largest holding. Arbor Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,714,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Corient Private Wealth LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 122.9% in the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after acquiring an additional 22,700,179 shares during the period. Gallagher Fiduciary Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 5,002.6% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 11,901,177 shares of the company’s stock worth $678,486,000 after purchasing an additional 11,667,939 shares during the period. Bank of America Corp DE increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock valued at $11,091,024,000 after purchasing an additional 5,747,233 shares in the last quarter. Captrust Financial Advisors lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 20.9% in the 2nd quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock valued at $1,425,044,000 after purchasing an additional 4,314,597 shares during the period. Finally, Jasper Ridge Partners L.P. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 37.2% in the 2nd quarter. Jasper Ridge Partners L.P. now owns 15,306,034 shares of the company’s stock valued at $872,597,000 after purchasing an additional 4,147,937 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $61.84 on Friday. The firm has a market cap of $184.26 billion, a PE ratio of 16.34 and a beta of 0.87. The firm’s fifty day moving average is $61.19 and its 200 day moving average is $59.12. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $63.08.

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.