Balboa Wealth Partners Increases Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Balboa Wealth Partners lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 289.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,832 shares of the company’s stock after purchasing an additional 23,668 shares during the period. Balboa Wealth Partners’ holdings in Vanguard FTSE Developed Markets ETF were worth $1,522,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Brown Lisle Cummings Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 5.5% during the fourth quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock valued at $184,000 after purchasing an additional 200 shares in the last quarter. MTM Investment Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 1.5% during the third quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock valued at $743,000 after purchasing an additional 208 shares in the last quarter. O Connor Financial Group LLC raised its stake in Vanguard FTSE Developed Markets ETF by 3.4% during the fourth quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after purchasing an additional 210 shares in the last quarter. O Dell Group LLC raised its stake in Vanguard FTSE Developed Markets ETF by 1.3% during the fourth quarter. O Dell Group LLC now owns 16,346 shares of the company’s stock valued at $782,000 after purchasing an additional 216 shares in the last quarter. Finally, Crewe Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 0.8% during the fourth quarter. Crewe Advisors LLC now owns 29,257 shares of the company’s stock valued at $1,399,000 after purchasing an additional 230 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.7 %

Vanguard FTSE Developed Markets ETF stock opened at $51.61 on Thursday. The company has a market cap of $145.02 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92. The firm’s fifty day moving average is $50.15 and its 200 day moving average is $50.47. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.80 and a 52-week high of $53.40.

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.