HB Wealth Management LLC Grows Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

HB Wealth Management LLC grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 17.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 295,068 shares of the company’s stock after buying an additional 43,299 shares during the quarter. HB Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $18,908,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $70.81 on Friday. The company has a market capitalization of $227.88 billion, a P/E ratio of 16.34 and a beta of 0.83. The company has a 50-day moving average of $70.48 and a 200-day moving average of $67.39. Vanguard FTSE Developed Markets ETF has a 1-year low of $55.68 and a 1-year high of $73.23.

Vanguard FTSE Developed Markets ETF Company 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.