8,500 Shares in Vanguard FTSE Developed Markets ETF $VEA Purchased by SVRN Asset Management LLC

SVRN Asset Management LLC purchased 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 filing with the Securities & Exchange Commission. The firm purchased 8,500 shares of the company’s stock, valued at approximately $531,000. Vanguard FTSE Developed Markets ETF accounts for approximately 0.4% of SVRN Asset Management LLC’s investment portfolio, making the stock its 29th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of VEA. Nova Wealth Management Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after acquiring an additional 253 shares during the last quarter. GGM Financials LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the third quarter worth approximately $27,000. Ulland Investment Advisors LLC lifted its position 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 acquiring an additional 242 shares during the last quarter. Strategic Wealth Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $35,000. Finally, Quaker Wealth Management LLC lifted its position 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 acquiring an additional 611 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.3%

Shares of VEA stock opened at $71.55 on Friday. The firm has a 50 day moving average price of $69.33 and a two-hundred day moving average price of $66.37. The company has a market capitalization of $229.48 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.63 and a 12-month 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.