Synergy Asset Management LLC Has $2.18 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Synergy Asset Management LLC cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 71.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,924 shares of the company’s stock after selling 86,647 shares during the period. Synergy Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,182,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VEA. GGM Financials LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at about $27,000. Ulland Investment Advisors LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 242 shares in the last quarter. Cloud Capital Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $37,000. Elevation Point Wealth Partners LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $48,000. Finally, Kilter Group LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $49,000.

Vanguard FTSE Developed Markets ETF Stock Down 2.3%

Shares of VEA stock opened at $62.48 on Friday. The company has a market cap of $193.54 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $70.55. The firm has a 50 day moving average of $66.58 and a 200-day moving average of $63.16.

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.