Petredis Investment Advisors LLC Buys 21,660 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Petredis Investment Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 289,776 shares of the company’s stock after acquiring an additional 21,660 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 1.4% of Petredis Investment Advisors LLC’s holdings, making the stock its 17th largest position. Petredis Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $13,857,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Sunbelt Securities Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock valued at $578,000 after purchasing an additional 205 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 0.3% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after purchasing an additional 205 shares during the last quarter. Optimum Investment Advisors lifted its position in Vanguard FTSE Developed Markets ETF by 1.7% during the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after acquiring an additional 207 shares during the last quarter. Olistico Wealth LLC lifted its position in 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, MTM Investment Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 1.5% during the third quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock worth $743,000 after acquiring an additional 208 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.6 %

Shares of VEA stock opened at $50.02 on Friday. The firm has a 50 day moving average price of $49.01 and a two-hundred day moving average price of $50.28. The company has a market capitalization of $131.05 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.72 and a 12-month high of $53.40.

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.