Northland Capital Management LLC Cuts Stake in Vanguard FTSE Developed Markets ETF $VEA

Northland Capital Management LLC lessened its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 33.4% during the 4th quarter, Holdings Channel reports. The firm owned 74,367 shares of the company’s stock after selling 37,282 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 2.6% of Northland Capital Management LLC’s portfolio, making the stock its 14th biggest holding. Northland Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,646,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after buying an additional 253 shares in the last quarter. GGM Financials LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at $27,000. Ulland Investment Advisors LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after acquiring an additional 242 shares during the last quarter. Cloud Capital Management LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $37,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $51,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $64.64 on Friday. The firm has a 50-day simple moving average of $66.41 and a two-hundred day simple moving average of $63.33. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $70.55. The company has a market capitalization of $204.18 billion, a PE ratio of 16.34 and a beta of 0.87.

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.