Sherman Wealth Management LLC Makes New $3.01 Million Investment in Vanguard FTSE Developed Markets ETF $VEA

Sherman Wealth Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 48,096 shares of the company’s stock, valued at approximately $3,005,000. Vanguard FTSE Developed Markets ETF accounts for approximately 2.6% of Sherman Wealth Management LLC’s portfolio, making the stock its 8th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after buying an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 47.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after buying an additional 39,653 shares in the last quarter. Capstone Wealth Management Group LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at about $209,000. XTX Topco Ltd acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at about $917,000. Finally, Russell Investments Group Ltd. increased its position in Vanguard FTSE Developed Markets ETF by 489.3% during the second quarter. Russell Investments Group Ltd. now owns 80,563 shares of the company’s stock worth $4,593,000 after acquiring an additional 66,893 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $62.05 on Monday. The company has a market capitalization of $192.21 billion, a P/E ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $70.55. The firm has a 50-day moving average price of $66.52 and a two-hundred day moving average price of $63.23.

Vanguard FTSE Developed Markets ETF 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.