Nova R Wealth Inc. Has $2.47 Million Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Nova R Wealth Inc. raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,596 shares of the company’s stock after acquiring an additional 201 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 1.2% of Nova R Wealth Inc.’s investment portfolio, making the stock its 21st biggest holding. Nova R Wealth Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,470,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Sellwood Investment Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $26,000. Chapman Financial Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth $29,000. Headlands Technologies LLC boosted 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 buying an additional 277 shares during the last quarter. Dunhill Financial LLC boosted 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 buying an additional 319 shares during the last quarter. Finally, Orion Capital Management LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $44,000.

Vanguard FTSE Developed Markets ETF Stock Down 0.5%

VEA stock opened at $55.87 on Thursday. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $56.91. The company has a market cap of $160.35 billion, a P/E ratio of 16.34 and a beta of 0.87. The business has a fifty day moving average of $54.49 and a 200-day moving average of $51.52.

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.