SouthState Bank Corp Cuts Holdings in Vanguard FTSE Developed Markets ETF $VEA

SouthState Bank Corp decreased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 104,166 shares of the company’s stock after selling 7,979 shares during the quarter. SouthState Bank Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,507,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of VEA. Nova Wealth Management Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after acquiring an additional 253 shares in the last quarter. GGM Financials LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth about $27,000. Ulland Investment Advisors LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 75.6% during 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 during the last quarter. Strategic Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $35,000. Finally, Quaker Wealth Management LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 3.7%

VEA stock opened at $69.17 on Friday. The business has a 50 day moving average price of $68.61 and a 200 day moving average price of $66.00. The stock has a market cap of $221.85 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.63 and a fifty-two week high of $72.32.

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.