Optimum Investment Advisors Acquires 207 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Optimum Investment Advisors lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 12,644 shares of the company’s stock after acquiring an additional 207 shares during the period. Optimum Investment Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $668,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VEA. Transcendent Capital Group LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 101.2% in the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after purchasing an additional 256 shares in the last quarter. Triad Wealth Partners LLC bought a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at $31,000. Spectrum Wealth Counsel LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $33,000. Abich Financial Wealth Management LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% in the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after acquiring an additional 713 shares during the period. Finally, Fairscale Capital LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $38,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $51.54 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $53.40. The company has a market capitalization of $135.03 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The company’s 50-day simple moving average is $51.62 and its two-hundred day simple moving average is $50.47.

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.