TFC Financial Management Inc. Increases Holdings in Vanguard FTSE Developed Markets ETF $VEA

TFC Financial Management Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 71.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,861 shares of the company’s stock after purchasing an additional 1,603 shares during the period. TFC Financial Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $220,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. TFO Wealth Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $222,710,000. Arkadios Wealth Advisors increased its holdings in Vanguard FTSE Developed Markets ETF by 289.9% during the 1st quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock valued at $4,729,000 after purchasing an additional 69,173 shares during the period. Fiduciary Alliance LLC boosted its position in Vanguard FTSE Developed Markets ETF by 3.5% during the 2nd quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock valued at $498,000 after acquiring an additional 292 shares in the last quarter. Twelve Points Wealth Management LLC boosted its position in Vanguard FTSE Developed Markets ETF by 2.7% during the 2nd quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock valued at $1,121,000 after acquiring an additional 508 shares in the last quarter. Finally, Financial Synergies Wealth Advisors Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 3.2% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 900,352 shares of the company’s stock valued at $45,765,000 after acquiring an additional 27,816 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $60.66 on Friday. The stock’s 50 day simple moving average is $59.46 and its two-hundred day simple moving average is $56.19. The stock has a market cap of $180.74 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.32.

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.