Asset Allocation Strategies LLC Grows Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Asset Allocation Strategies LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 280,830 shares of the company’s stock after acquiring an additional 19,003 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 3.4% of Asset Allocation Strategies LLC’s investment portfolio, making the stock its 7th largest position. Asset Allocation Strategies LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $17,543,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 151.5% during the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after acquiring an additional 253 shares during the period. GGM Financials LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth approximately $27,000. Ulland Investment Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 242 shares during the period. Strategic Wealth Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $35,000. Finally, Quaker Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after acquiring an additional 611 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

NYSEARCA VEA opened at $71.55 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $54.63 and a 12 month high of $72.32. The company’s 50 day moving average is $69.33 and its two-hundred day moving average is $66.37. The stock has a market cap of $229.48 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.