Acumen Wealth Advisors LLC Buys 171,215 Shares of Vanguard FTSE Developed Markets ETF $VEA

Acumen Wealth Advisors LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1,611.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 181,839 shares of the company’s stock after acquiring an additional 171,215 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 3.1% of Acumen Wealth Advisors LLC’s portfolio, making the stock its 6th largest position. Acumen Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $11,652,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Brighton Jones LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $209,000. Squarepoint Ops LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $7,001,000. Finally, Glenview Trust co lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after purchasing an additional 297 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 1.8%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $70.47 on Wednesday. The company has a market capitalization of $228.32 billion, a P/E ratio of 16.34 and a beta of 0.83. The stock has a fifty day simple moving average of $70.82 and a 200 day simple moving average of $68.09. Vanguard FTSE Developed Markets ETF has a 12-month low of $55.68 and a 12-month high of $73.23.

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.