Vanguard FTSE Developed Markets ETF $VEA Shares Sold by GK Wealth Management LLC

GK Wealth Management LLC cut its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 91.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 12,220 shares of the company’s stock after selling 128,795 shares during the quarter. GK Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $871,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at approximately $35,000. Quaker Wealth Management LLC boosted 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. Tidemark LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 80.9% during the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after purchasing an additional 279 shares during the last quarter. Strategic Advocates LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 66.1% in the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after buying an additional 248 shares in the last quarter. Finally, Cornerstone Financial Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $39,000.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $72.22 on Wednesday. The firm has a 50 day simple moving average of $70.84 and a 200-day simple moving average of $68.54. The stock has a market cap of $233.99 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1-year low of $56.69 and a 1-year high of $73.23.

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.