Waterfront Wealth Inc. Has $742,000 Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Waterfront Wealth Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 13.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,600 shares of the company’s stock after purchasing an additional 1,770 shares during the quarter. Waterfront Wealth Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $742,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Sellwood Investment Partners LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $26,000. Kessler Investment Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $26,000. Chapman Financial Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $29,000. Headlands Technologies LLC grew its position in Vanguard FTSE Developed Markets ETF by 65.2% in the 4th quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock valued at $34,000 after purchasing an additional 277 shares during the period. Finally, Dunhill Financial LLC grew its position in Vanguard FTSE Developed Markets ETF by 80.6% in the 4th quarter. Dunhill Financial LLC now owns 715 shares of the company’s stock valued at $34,000 after purchasing an additional 319 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.6%

NYSEARCA VEA opened at $56.83 on Friday. The company has a fifty day simple moving average of $54.73 and a 200 day simple moving average of $51.61. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $57.05. The company has a market cap of $163.27 billion, a P/E ratio of 16.34 and a beta of 0.89.

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.