Arkadios Wealth Advisors Has $5.70 Million Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Arkadios Wealth Advisors lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.4% during the second quarter, HoldingsChannel.com reports. The fund owned 99,934 shares of the company’s stock after purchasing an additional 6,902 shares during the period. Arkadios Wealth Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $5,697,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of VEA. von Borstel & Associates Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $26,000. Financial Network Wealth Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $26,000. Financial Gravity Asset Management Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $28,000. Nemes Rush Group LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after buying an additional 402 shares during the period. Finally, IFS Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $35,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $61.31 on Thursday. The company has a market capitalization of $182.68 billion, a P/E ratio of 16.34 and a beta of 0.87. The company’s 50 day moving average price is $59.93 and its two-hundred day moving average price is $57.11. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $61.80.

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.