ORG Partners LLC has significantly increased its stake in the Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by an impressive 210.0% during the second quarter, according to a report by HoldingsChannel. The fund now holds 32,374 shares of the ETF after acquiring an additional 21,931 shares during this period, bringing the total value of its holdings to approximately $1,850,000.
Other hedge funds have also made notable adjustments to their positions in the Vanguard FTSE Developed Markets ETF. For instance, TFO Wealth Partners LLC entered a new stake in the ETF during the first quarter, valued at $222,710,000. Meanwhile, Arkadios Wealth Advisors has increased its holdings by a staggering 289.9% in the same quarter, now owning 93,032 shares valued at $4,729,000 after acquiring an additional 69,173 shares.
Fiduciary Alliance LLC has raised its stake by 3.5% during the second quarter, now holding 8,732 shares worth $498,000 after purchasing an additional 292 shares. Similarly, Financial Synergies Wealth Advisors Inc. increased its position by 3.2% in the first quarter, owning 900,352 shares valued at $45,765,000 after acquiring an additional 27,816 shares. Lastly, Waterfront Wealth Inc. has boosted its position by 13.8% in the first quarter, now owning 14,600 shares valued at $742,000 after buying an additional 1,770 shares.
Vanguard FTSE Developed Markets ETF Trading Up 0.6%
On Friday, shares of NYSEARCA:VEA opened at $59.41. The stock has a 50-day moving average price of $58.59 and a two-hundred day moving average price of $55.39. With a market capitalization of $170.69 billion, the ETF boasts a price-to-earnings ratio of 16.34 and a beta of 0.89. Over the past year, Vanguard FTSE Developed Markets ETF has seen a low of $45.14 and a high of $60.51.
About Vanguard FTSE Developed Markets ETF
The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that primarily invests in total market equity. It tracks a market-cap weighted index of large-, mid-, and small-cap stocks from developed markets outside the United States. Launched on July 20, 2007, the fund is managed by Vanguard.
See Also
Want to see what other hedge funds are holding VEA? Visit HoldingsChannel.com for the latest 13F filings and insider trades related to Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report).
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