Archer Investment Corp Acquires 13,359 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Archer Investment Corp raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 40.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,680 shares of the company’s stock after purchasing an additional 13,359 shares during the quarter. Archer Investment Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,232,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Axos Invest Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 10.4% in the fourth quarter. Axos Invest Inc. now owns 575,309 shares of the company’s stock worth $27,511,000 after purchasing an additional 54,293 shares in the last quarter. Keystone Financial Group Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth $32,000. 5th Street Advisors LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the fourth quarter. 5th Street Advisors LLC now owns 249,611 shares of the company’s stock valued at $11,936,000 after buying an additional 952 shares during the period. Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 76.0% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 21,963 shares of the company’s stock valued at $1,050,000 after acquiring an additional 9,484 shares in the last quarter. Finally, Guardian Wealth Advisors LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 3.6% in the fourth quarter. Guardian Wealth Advisors LLC now owns 359,416 shares of the company’s stock worth $17,187,000 after acquiring an additional 12,548 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $50.61 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $46.72 and a one year high of $53.40. The company has a market capitalization of $132.60 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The company’s 50-day simple moving average is $49.11 and its two-hundred day simple moving average is $50.22.

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.