Balboa Wealth Partners Buys 24,457 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Balboa Wealth Partners lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 76.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,289 shares of the company’s stock after purchasing an additional 24,457 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 0.7% of Balboa Wealth Partners’ holdings, making the stock its 25th biggest position. Balboa Wealth Partners’ holdings in Vanguard FTSE Developed Markets ETF were worth $2,861,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ironwood Wealth Management LLC. raised its stake in Vanguard FTSE Developed Markets ETF by 6.3% in the 4th quarter. Ironwood Wealth Management LLC. now owns 85,211 shares of the company’s stock valued at $4,075,000 after acquiring an additional 5,072 shares during the period. Brighton Jones LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after buying an additional 107,649 shares during the period. Revolve Wealth Partners LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 47.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after buying an additional 39,653 shares during the period. MONECO Advisors LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 18.0% in the 4th quarter. MONECO Advisors LLC now owns 32,735 shares of the company’s stock valued at $1,565,000 after buying an additional 4,987 shares during the period. Finally, Delta Financial Group Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at approximately $215,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.8%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $55.42 on Tuesday. The firm has a market capitalization of $157.95 billion, a PE ratio of 16.52 and a beta of 0.87. The firm’s 50 day moving average is $54.26 and its 200 day moving average is $51.46. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $56.91.

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.