Geneos Wealth Management Inc. increased its position in Vanguard FTSE Developed Markets ETF ( NYSEARCA:VEA - Free Report ) by 25.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,449 shares of the company's stock after buying an additional 24,355 shares during the period. Geneos Wealth Management Inc.'s holdings in Vanguard FTSE Developed Markets ETF were worth $5,395,000 at the end of the most recent quarter. A number of other hedge funds also recently made changes to their positions in VEA. VitalStone Financial LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $25,000. Glassy Mountain Advisors Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $27,000. Corrado Advisors LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $27,000. New England Capital Financial Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $28,000. Finally, Legend Financial Advisors Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF during the third quarter valued at approximately $35,000. Shares of VEA stock opened at $45.33 on Friday. Vanguard FTSE Developed Markets ETF has a 1 year low of $35.42 and a 1 year high of $47.55. The stock's 50 day simple moving average is $45.99 and its two-hundred day simple moving average is $45.10. The company has a market cap of $109.70 billion, a PE ratio of 11.40 and a beta of 0.89. 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. Receive News & Ratings for Vanguard FTSE Developed Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard FTSE Developed Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter .
Geneos Wealth Management is a Colorado-based investment advisory firm that provides services such as asset management, financial planning and wealth management for businesses.