Sherman Wealth Management LLC Invests $2.78 Million in Vanguard FTSE Developed Markets ETF $VEA

Sherman Wealth Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 46,422 shares of the company’s stock, valued at approximately $2,782,000. Vanguard FTSE Developed Markets ETF accounts for about 2.8% of Sherman Wealth Management LLC’s portfolio, making the stock its 8th biggest holding.

Other large investors have also recently bought and sold shares of the company. TL Private Wealth grew its position in Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock worth $606,000 after purchasing an additional 155 shares during the last quarter. Princeton Global Asset Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 2.6% during the third quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock valued at $403,000 after buying an additional 168 shares during the last quarter. Smith Salley Wealth Management lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the third quarter. Smith Salley Wealth Management now owns 20,096 shares of the company’s stock valued at $1,204,000 after buying an additional 168 shares during the period. Armbruster Capital Management Inc. grew its position in Vanguard FTSE Developed Markets ETF by 0.3% during the third quarter. Armbruster Capital Management Inc. now owns 62,626 shares of the company’s stock worth $3,753,000 after buying an additional 169 shares in the last quarter. Finally, Stanley Laman Group Ltd. increased its stake in Vanguard FTSE Developed Markets ETF by 1.5% during the third quarter. Stanley Laman Group Ltd. now owns 11,455 shares of the company’s stock valued at $686,000 after acquiring an additional 169 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.7%

Shares of VEA stock opened at $62.05 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $70.55. The company has a market capitalization of $192.21 billion, a P/E ratio of 16.34 and a beta of 0.87. The stock has a 50 day moving average of $66.52 and a two-hundred day moving average of $63.18.

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.