Urban Financial Advisory Corp Makes New Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Urban Financial Advisory Corp purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the third quarter, HoldingsChannel reports. The institutional investor purchased 1,141 shares of the company’s stock, valued at approximately $60,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Transcendent Capital Group LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 101.2% in the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after purchasing an additional 256 shares in the last quarter. Triad Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth about $31,000. Spectrum Wealth Counsel LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $33,000. Lummis Asset Management LP bought a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at approximately $34,000. Finally, Abich Financial Wealth Management LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 2,458.6% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after buying an additional 713 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $50.73 on Friday. The firm has a 50 day moving average price of $50.67 and a two-hundred day moving average price of $50.64. The stock has a market cap of $132.91 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.89 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.