Granite Bay Wealth Management LLC Invests $285,000 in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Granite Bay Wealth Management LLC bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 5,603 shares of the company’s stock, valued at approximately $285,000.

Other institutional investors have also recently made changes to their positions in the company. UP Strategic Wealth Investment Advisors LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 39.7% in the 4th quarter. UP Strategic Wealth Investment Advisors LLC now owns 336,096 shares of the company’s stock worth $16,072,000 after acquiring an additional 95,531 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.6% during the 4th quarter. Sanctuary Advisors LLC now owns 606,210 shares of the company’s stock valued at $30,565,000 after buying an additional 15,300 shares in the last quarter. Highview Capital Management LLC DE lifted its holdings in Vanguard FTSE Developed Markets ETF by 3.4% during the 4th quarter. Highview Capital Management LLC DE now owns 190,918 shares of the company’s stock valued at $9,130,000 after buying an additional 6,282 shares in the last quarter. Burling Wealth Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $2,386,000. Finally, Retirement Income Solutions Inc lifted its holdings in Vanguard FTSE Developed Markets ETF by 89.6% during the 4th quarter. Retirement Income Solutions Inc now owns 10,105 shares of the company’s stock valued at $483,000 after buying an additional 4,776 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $55.81 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $56.23. The company has a 50-day moving average of $52.24 and a 200 day moving average of $50.85. The firm has a market capitalization of $159.06 billion, a price-to-earnings ratio of 16.52 and a beta of 0.87.

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.