Petra Financial Advisors Inc. Has $1.56 Million Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Petra Financial Advisors Inc. increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,598 shares of the company’s stock after buying an additional 2,022 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 1.1% of Petra Financial Advisors Inc.’s holdings, making the stock its 24th largest position. Petra Financial Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,559,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VEA. Kozak & Associates Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after buying an additional 410 shares in the last quarter. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $29,000. Keystone Financial Group Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $32,000. Crews Bank & Trust acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $37,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA raised its position in shares of Vanguard FTSE Developed Markets ETF by 44.2% in the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 777 shares of the company’s stock valued at $37,000 after buying an additional 238 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $52.82 on Tuesday. The company’s 50 day simple moving average is $50.39 and its 200 day simple moving average is $50.45. The stock has a market capitalization of $148.42 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.80 and a 1 year high of $53.40.

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.