Portfolio Resources Advisor Group Inc. Purchases New Position in Vanguard FTSE Developed Markets ETF $VEA

Portfolio Resources Advisor Group Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 16,163 shares of the company’s stock, valued at approximately $1,010,000. Vanguard FTSE Developed Markets ETF comprises 1.0% of Portfolio Resources Advisor Group Inc.’s holdings, making the stock its 23rd largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mascagni Wealth Management Inc. grew its stake 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 valued at $452,000 after buying an additional 152 shares during the last quarter. TL Private Wealth grew its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after buying an additional 155 shares during the last quarter. River Wealth Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock valued at $759,000 after buying an additional 161 shares during the last quarter. Belpointe Asset Management LLC grew its stake in Vanguard FTSE Developed Markets ETF by 0.5% in the 4th quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after buying an additional 162 shares during the last quarter. Finally, Spire Wealth Management grew its stake in Vanguard FTSE Developed Markets ETF by 0.6% in the 4th quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after buying an additional 163 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $71.55 on Monday. Vanguard FTSE Developed Markets ETF has a 52 week low of $54.63 and a 52 week high of $72.32. The firm has a market cap of $229.48 billion, a P/E ratio of 16.34 and a beta of 0.83. The firm’s 50-day simple moving average is $69.33 and its 200 day simple moving average is $66.42.

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.