Petredis Investment Advisors LLC Raises Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Petredis Investment Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 876,046 shares of the company’s stock after acquiring an additional 22,952 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 4.6% of Petredis Investment Advisors LLC’s holdings, making the stock its 4th largest position. Petredis Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $56,137,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Sunbeam Capital Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 47.0% in the first quarter. Sunbeam Capital Management LLC now owns 10,736 shares of the company’s stock worth $688,000 after acquiring an additional 3,434 shares in the last quarter. Balboa Wealth Partners raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 16.9% during the 1st quarter. Balboa Wealth Partners now owns 95,994 shares of the company’s stock valued at $6,151,000 after purchasing an additional 13,860 shares in the last quarter. Forbes J M & Co. LLP bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at $388,000. Asset Advisory Group Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.8% during the 1st quarter. Asset Advisory Group Inc. now owns 4,006 shares of the company’s stock valued at $257,000 after purchasing an additional 184 shares in the last quarter. Finally, Triad Wealth Partners LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 10.6% in the 1st quarter. Triad Wealth Partners LLC now owns 143,307 shares of the company’s stock valued at $9,183,000 after purchasing an additional 13,729 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $72.31 on Monday. The firm has a market cap of $231.92 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $54.63 and a 1 year high of $73.23. The company has a fifty day simple moving average of $70.01 and a 200 day simple moving average of $66.81.

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.