RDA Financial Network Grows Stake in Vanguard FTSE Developed Markets ETF $VEA

RDA Financial Network boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 15,861 shares of the company’s stock after buying an additional 972 shares during the period. RDA Financial Network’s holdings in Vanguard FTSE Developed Markets ETF were worth $904,000 at the end of the most recent reporting period.

Other hedge funds have 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 first quarter worth $222,710,000. Arkadios Wealth Advisors increased its position in 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 worth $4,729,000 after buying an additional 69,173 shares in the last quarter. Financial Synergies Wealth Advisors Inc. increased its position in 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 worth $45,765,000 after buying an additional 27,816 shares in the last quarter. Waterfront Wealth Inc. increased its position in 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 worth $742,000 after buying an additional 1,770 shares in the last quarter. Finally, Code Waechter LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth $224,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $59.82 on Friday. The stock has a fifty day moving average of $57.99 and a two-hundred day moving average of $54.85. The company has a market capitalization of $171.87 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 $60.09.

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.