Accredited Wealth Management LLC Makes New $90,000 Investment in Vanguard FTSE Developed Markets ETF $VEA

Accredited Wealth Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 1st quarter, HoldingsChannel.com reports. The fund acquired 1,765 shares of the company’s stock, valued at approximately $90,000.

Several other large investors have also recently added to or reduced their stakes in the business. Wealthspire Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 110.7% in the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after buying an additional 11,830,891 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock worth $8,387,299,000 after acquiring an additional 10,807,527 shares during the period. Betterment LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 8.0% in the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after acquiring an additional 10,132,168 shares in the last quarter. TFO Wealth Partners LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $222,710,000. Finally, Mercer Global Advisors Inc. ADV raised its holdings in Vanguard FTSE Developed Markets ETF by 15.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 24,925,827 shares of the company’s stock worth $1,191,953,000 after purchasing an additional 3,324,648 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $58.89 on Thursday. The business has a 50 day moving average price of $57.09 and a two-hundred day moving average price of $53.88. The company has a market capitalization of $169.19 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $59.02.

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.