Zullo Investment Group Inc. Purchases New Position in Vanguard FTSE Developed Markets ETF $VEA

Zullo Investment Group Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,621 shares of the company’s stock, valued at approximately $206,000.

Other hedge funds have also bought and sold shares of the company. TFO Wealth Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth about $222,710,000. Arkadios Wealth Advisors boosted its stake in Vanguard FTSE Developed Markets ETF by 289.9% during the first quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock worth $4,729,000 after acquiring an additional 69,173 shares in the last quarter. Fiduciary Alliance LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 3.5% during the second quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock worth $498,000 after acquiring an additional 292 shares in the last quarter. Twelve Points Wealth Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 2.7% during the second quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock worth $1,121,000 after acquiring an additional 508 shares in the last quarter. Finally, Financial Synergies Wealth Advisors Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 3.2% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 900,352 shares of the company’s stock worth $45,765,000 after acquiring an additional 27,816 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $59.18 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $61.32. The company’s 50-day simple moving average is $59.22 and its 200 day simple moving average is $55.95. The firm has a market capitalization of $176.33 billion, a P/E ratio of 16.34 and a beta of 0.89.

Vanguard FTSE Developed Markets ETF 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.