Paulson Wealth Management Inc. Boosts Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Paulson Wealth Management Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.7% in the third quarter, HoldingsChannel reports. The firm owned 175,677 shares of the company’s stock after purchasing an additional 14,079 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 2.5% of Paulson Wealth Management Inc.’s holdings, making the stock its 10th largest holding. Paulson Wealth Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bangor Savings Bank lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the second quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock valued at $2,535,000 after purchasing an additional 201 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 1.8% during the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock worth $578,000 after acquiring an additional 205 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 0.3% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock worth $3,482,000 after acquiring an additional 205 shares during the period. Optimum Investment Advisors boosted its position in Vanguard FTSE Developed Markets ETF by 1.7% in the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after purchasing an additional 207 shares during the last quarter. Finally, Olistico Wealth LLC grew its stake in Vanguard FTSE Developed Markets ETF by 13.9% in the 3rd quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock valued at $90,000 after purchasing an additional 208 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $49.41 on Wednesday. The business’s fifty day moving average is $51.43 and its 200-day moving average is $50.69. The stock has a market capitalization of $129.45 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 $43.55 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.