Arvest Investments Inc. Purchases 4,311 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Arvest Investments Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 873,716 shares of the company’s stock after purchasing an additional 4,311 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 7.0% of Arvest Investments Inc.’s investment portfolio, making the stock its largest holding. Arvest Investments Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $44,411,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Ironwood Wealth Management LLC. increased its position in shares of Vanguard FTSE Developed Markets ETF by 6.3% during the fourth quarter. Ironwood Wealth Management LLC. now owns 85,211 shares of the company’s stock worth $4,075,000 after acquiring an additional 5,072 shares during the last quarter. Brighton Jones LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after buying an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 47.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after acquiring an additional 39,653 shares during the last quarter. Retirement Systems of Alabama grew its holdings in Vanguard FTSE Developed Markets ETF by 10.2% during the 4th quarter. Retirement Systems of Alabama now owns 27,838 shares of the company’s stock worth $1,331,000 after acquiring an additional 2,573 shares in the last quarter. Finally, Equitable Trust Co. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $405,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.0%

Shares of VEA opened at $56.42 on Thursday. The firm has a market cap of $160.80 billion, a price-to-earnings ratio of 16.52 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $56.68. The stock has a 50 day moving average of $52.97 and a 200-day moving average of $51.12.

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.