Stone Summit Wealth LLC Grows Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Stone Summit Wealth LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 12.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 105,197 shares of the company’s stock after acquiring an additional 11,248 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 1.8% of Stone Summit Wealth LLC’s portfolio, making the stock its 13th biggest holding. Stone Summit Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,347,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Sellwood Investment Partners LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $26,000. Chapman Financial Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth $29,000. Headlands Technologies LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 65.2% during the fourth quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock worth $34,000 after purchasing an additional 277 shares during the last quarter. Dunhill Financial LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 80.6% in the fourth quarter. Dunhill Financial LLC now owns 715 shares of the company’s stock valued at $34,000 after purchasing an additional 319 shares during the period. Finally, Orion Capital Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $44,000.

Vanguard FTSE Developed Markets ETF Trading Up 1.1%

NYSEARCA VEA opened at $56.48 on Friday. The business’s 50-day moving average price is $54.60 and its 200 day moving average price is $51.56. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $56.91. The company has a market capitalization of $162.27 billion, a PE ratio of 16.34 and a beta of 0.89.

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.