TrueWealth Financial Partners Acquires Shares of 286,411 Vanguard FTSE Developed Markets ETF $VEA

TrueWealth Financial Partners acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 286,411 shares of the company’s stock, valued at approximately $18,353,000. Vanguard FTSE Developed Markets ETF accounts for about 7.3% of TrueWealth Financial Partners’ portfolio, making the stock its 3rd biggest position.

Several other hedge funds and other institutional investors also recently modified their holdings of VEA. Strategic Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $35,000. Quaker Wealth Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% in the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after buying an additional 611 shares during the period. Scarborough Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $40,000. Strategic Advocates LLC raised its position in Vanguard FTSE Developed Markets ETF by 66.1% during the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after buying an additional 248 shares during the last quarter. Finally, Tidemark LLC raised its position in Vanguard FTSE Developed Markets ETF by 80.9% during the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after buying an additional 279 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 3.1%

Shares of NYSEARCA:VEA opened at $71.09 on Friday. The company has a market cap of $230.33 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The firm’s 50-day simple moving average is $70.82 and its 200-day simple moving average is $68.40. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $55.68 and a fifty-two week high of $73.23.

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.