Vanguard FTSE Developed Markets ETF $VEA is Acorn Financial Advisory Services Inc. ADV’s 2nd Largest Position

Acorn Financial Advisory Services Inc. ADV increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 12.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 771,539 shares of the company’s stock after purchasing an additional 85,148 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 6.8% of Acorn Financial Advisory Services Inc. ADV’s investment portfolio, making the stock its 2nd biggest holding. Acorn Financial Advisory Services Inc. ADV’s holdings in Vanguard FTSE Developed Markets ETF were worth $49,440,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Nova Wealth Management Inc. increased its holdings 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 valued at $26,000 after acquiring an additional 253 shares in the last quarter. Ulland Investment Advisors LLC raised its position in Vanguard FTSE Developed Markets ETF by 75.6% during the third 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 last quarter. Strategic Wealth Advisors LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $35,000. Quaker Wealth Management LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% in the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after purchasing an additional 611 shares in the last quarter. Finally, Strategic Advocates LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 66.1% in the fourth quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after purchasing an additional 248 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $71.25 on Wednesday. The firm has a 50 day simple moving average of $70.35 and a 200-day simple moving average of $67.25. Vanguard FTSE Developed Markets ETF has a 1-year low of $55.68 and a 1-year high of $73.23. The stock has a market cap of $228.52 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.