Belpointe Asset Management LLC Acquires 6,090 Shares of Vanguard FTSE Developed Markets ETF $VEA

Belpointe Asset Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 24.9% in the first quarter, HoldingsChannel reports. The firm owned 30,552 shares of the company’s stock after purchasing an additional 6,090 shares during the period. Belpointe Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,553,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VEA. TFO Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $222,710,000. Arkadios Wealth Advisors increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 289.9% during the first quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock valued at $4,729,000 after acquiring an additional 69,173 shares in the last quarter. Financial Synergies Wealth Advisors Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.2% during the first 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. Waterfront Wealth Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 13.8% during the first quarter. Waterfront Wealth Inc. now owns 14,600 shares of the company’s stock valued at $742,000 after acquiring an additional 1,770 shares in the last quarter. Finally, Code Waechter LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $224,000.

Vanguard FTSE Developed Markets ETF Stock Up 1.1%

NYSEARCA VEA opened at $60.07 on Friday. The company has a market cap of $172.58 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $60.09. The business has a 50 day moving average price of $57.94 and a 200-day moving average price of $54.77.

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.