Smith Salley Wealth Management Increases Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Smith Salley Wealth Management lifted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.6% in the third quarter, HoldingsChannel.com reports. The fund owned 21,000 shares of the company’s stock after buying an additional 732 shares during the quarter. Smith Salley Wealth Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,109,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Bangor Savings Bank boosted its stake in Vanguard FTSE Developed Markets ETF by 0.4% in the 2nd quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock worth $2,535,000 after purchasing an additional 201 shares during the period. Sunbelt Securities Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock worth $578,000 after buying an additional 205 shares in the last quarter. Optimum Investment Advisors lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after buying an additional 207 shares in the last quarter. Olistico Wealth LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 13.9% during the third quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock worth $90,000 after acquiring an additional 208 shares during the last quarter. Finally, New England Private Wealth Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 2.5% during the second quarter. New England Private Wealth Advisors LLC now owns 8,529 shares of the company’s stock valued at $422,000 after acquiring an additional 209 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $50.51 on Friday. The company has a market cap of $132.34 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 $41.48 and a 52-week high of $53.40. The firm’s fifty day moving average is $51.76 and its two-hundred day moving average is $50.52.

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.