Vanguard FTSE Developed Markets ETF $VEA Shares Purchased by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV raised its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 12.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 771,539 shares of the company’s stock after purchasing an additional 85,148 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 6.8% of Acorn Financial Advisory Services Inc. ADV’s investment portfolio, making the stock its 2nd largest position. Acorn Financial Advisory Services Inc. ADV’s holdings in Vanguard FTSE Developed Markets ETF were worth $49,440,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VEA. Mascagni Wealth Management Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock valued at $452,000 after buying an additional 152 shares during the period. TL Private Wealth grew its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock worth $606,000 after acquiring an additional 155 shares during the period. River Wealth Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock worth $759,000 after acquiring an additional 161 shares during the period. Belpointe Asset Management LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 0.5% in the 4th quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after acquiring an additional 162 shares during the last quarter. Finally, Spire Wealth Management raised its holdings in Vanguard FTSE Developed Markets ETF by 0.6% in the 4th quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after acquiring an additional 163 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.5%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $71.25 on Wednesday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $55.68 and a fifty-two week high of $73.23. The firm has a market cap of $228.52 billion, a PE ratio of 16.34 and a beta of 0.83. The business’s fifty day moving average is $70.35 and its two-hundred day moving average is $67.25.

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.