ARQ Wealth Advisors LLC Sells 1,633 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

ARQ Wealth Advisors LLC trimmed its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,405 shares of the company’s stock after selling 1,633 shares during the period. Vanguard FTSE Developed Markets ETF comprises 1.6% of ARQ Wealth Advisors LLC’s portfolio, making the stock its 24th largest position. ARQ Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,290,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of VEA. Kessler Investment Group LLC bought a new position in Vanguard FTSE Developed Markets ETF in the first quarter worth $26,000. von Borstel & Associates Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the first quarter worth $26,000. Sellwood Investment Partners LLC bought a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth $26,000. Financial Gravity Asset Management Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the first quarter worth $28,000. Finally, Chapman Financial Group LLC bought a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth $29,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $56.64 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $57.39. The company has a 50 day simple moving average of $55.98 and a two-hundred day simple moving average of $52.46. The company has a market capitalization of $163.56 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89.

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.