Foundation Wealth Management LLC PA Has $4.49 Million Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Foundation Wealth Management LLC PA grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 33.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 88,352 shares of the company’s stock after purchasing an additional 22,328 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 2.1% of Foundation Wealth Management LLC PA’s portfolio, making the stock its 15th biggest holding. Foundation Wealth Management LLC PA’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,491,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in VEA. Seven Mile Advisory boosted its position in shares of Vanguard FTSE Developed Markets ETF by 0.7% during the 4th quarter. Seven Mile Advisory now owns 27,400 shares of the company’s stock valued at $1,310,000 after purchasing an additional 198 shares in the last quarter. Arbor Wealth Advisors LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 0.4% in the first quarter. Arbor Wealth Advisors LLC now owns 47,883 shares of the company’s stock worth $2,434,000 after purchasing an additional 200 shares in the last quarter. ARK & TLK Investments LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 3.5% in the fourth quarter. ARK & TLK Investments LLC now owns 6,109 shares of the company’s stock valued at $292,000 after buying an additional 205 shares during the period. Elevation Wealth Partners LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the 1st quarter. Elevation Wealth Partners LLC now owns 56,322 shares of the company’s stock worth $2,863,000 after buying an additional 206 shares in the last quarter. Finally, Key Client Fiduciary Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 2.6% during the 1st quarter. Key Client Fiduciary Advisors LLC now owns 8,166 shares of the company’s stock worth $415,000 after buying an additional 210 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 1.6%

NYSEARCA:VEA opened at $55.00 on Monday. The firm has a market capitalization of $156.75 billion, a P/E ratio of 16.52 and a beta of 0.87. The company has a fifty day moving average of $54.15 and a 200-day moving average of $51.42. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $56.91.

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.