Summa Corp. Acquires Shares of 33,181 Vanguard FTSE Developed Markets ETF $VEA

Summa Corp. bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 33,181 shares of the company’s stock, valued at approximately $2,126,000. Vanguard FTSE Developed Markets ETF accounts for about 0.9% of Summa Corp.’s holdings, making the stock its 17th largest position.

A number of other large investors have also modified their holdings of the business. Nova Wealth Management Inc. boosted 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. Ulland Investment Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after acquiring an additional 242 shares during the last quarter. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $35,000. Quaker Wealth Management LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% in the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares in the last quarter. Finally, Strategic Advocates LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 66.1% during the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after purchasing an additional 248 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock traded up $0.26 during trading on Friday, reaching $70.99. 12,686,380 shares of the company were exchanged, compared to its average volume of 16,395,793. Vanguard FTSE Developed Markets ETF has a 52-week low of $55.68 and a 52-week high of $73.23. The company has a market capitalization of $230.00 billion, a P/E ratio of 16.34 and a beta of 0.83. The stock’s 50 day simple moving average is $70.80 and its two-hundred day simple moving average is $67.69.

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.