Arvest Investments Inc. Has $48.80 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Arvest Investments Inc. reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 855,954 shares of the company’s stock after selling 17,762 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 7.3% of Arvest Investments Inc.’s portfolio, making the stock its largest position. Arvest Investments Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $48,798,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the stock. Kessler Investment Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at $26,000. von Borstel & Associates Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. Financial Network Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. Financial Gravity Asset Management Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $28,000. Finally, Nemes Rush Group LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after purchasing an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $59.82 on Friday. The business’s 50 day simple moving average is $57.99 and its 200 day simple moving average is $54.85. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $60.09. The firm has a market cap of $171.87 billion, a PE ratio of 16.34 and a beta of 0.89.

Vanguard FTSE Developed Markets ETF Company 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.