Financial & Tax Architects LLC Invests $4.34 Million in Vanguard FTSE Developed Markets ETF $VEA

Financial & Tax Architects LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 67,709 shares of the company’s stock, valued at approximately $4,339,000.

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

Vanguard FTSE Developed Markets ETF Stock Up 0.5%

VEA stock opened at $71.25 on Wednesday. The stock has a market capitalization of $228.52 billion, a P/E ratio of 16.34 and a beta of 0.83. 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 52 week low of $55.68 and a 52 week 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.