Archer Investment Corp Has $1.76 Million Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Archer Investment Corp grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 43.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,321 shares of the company’s stock after buying an additional 10,154 shares during the quarter. Archer Investment Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,760,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sageworth Trust Co of South Dakota boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 7.1% in the third quarter. Sageworth Trust Co of South Dakota now owns 28,834 shares of the company’s stock valued at $1,523,000 after buying an additional 1,906 shares during the period. Richard W. Paul & Associates LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.8% in the second quarter. Richard W. Paul & Associates LLC now owns 16,900 shares of the company’s stock valued at $835,000 after buying an additional 924 shares during the period. XML Financial LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.9% in the second quarter. XML Financial LLC now owns 4,719 shares of the company’s stock valued at $233,000 after buying an additional 262 shares during the period. Tenon Financial LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 2.3% in the third quarter. Tenon Financial LLC now owns 231,747 shares of the company’s stock worth $12,239,000 after purchasing an additional 5,154 shares in the last quarter. Finally, Raymond James & Associates lifted its position in shares of Vanguard FTSE Developed Markets ETF by 3.1% in the second quarter. Raymond James & Associates now owns 3,978,354 shares of the company’s stock worth $196,610,000 after purchasing an additional 118,792 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.1 %

Shares of VEA stock traded down $0.05 during trading on Friday, reaching $49.12. The company’s stock had a trading volume of 843,577 shares, compared to its average volume of 9,529,285. The business has a fifty day moving average price of $51.30 and a 200-day moving average price of $50.67. The company has a market cap of $128.69 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $44.81 and a one year 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.