Nolet Wealth Management LLC Invests $709,000 in Vanguard FTSE Developed Markets ETF $VEA

Nolet Wealth Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,344 shares of the company’s stock, valued at approximately $709,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Morgan Stanley increased its stake in Vanguard FTSE Developed Markets ETF by 44.0% during the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after buying an additional 27,650,637 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 122.9% in the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after acquiring an additional 22,700,179 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 904.9% in the third quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock worth $652,359,000 after acquiring an additional 9,803,737 shares during the last quarter. Jasper Ridge Partners L.P. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 35.6% in the third quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after acquiring an additional 5,451,849 shares during the last quarter. Finally, Cambridge Associates LLC MA ADV increased its position in shares of Vanguard FTSE Developed Markets ETF by 152.5% during the third quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock worth $508,716,000 after purchasing an additional 5,127,412 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $72.31 on Friday. The business has a fifty day moving average price of $70.01 and a 200 day moving average price of $66.77. Vanguard FTSE Developed Markets ETF has a one year low of $54.63 and a one year high of $73.23. The company has a market cap of $231.92 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.