Summit Wealth Partners LLC Buys 12,001 Shares of Vanguard FTSE Developed Markets ETF $VEA

Summit Wealth Partners LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 75.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,917 shares of the company’s stock after purchasing an additional 12,001 shares during the period. Summit Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,789,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mascagni Wealth Management Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 2.1% in the 4th quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock valued at $452,000 after purchasing an additional 152 shares during the last quarter. TL Private Wealth grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock worth $606,000 after buying an additional 155 shares during the last quarter. River Wealth Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.3% during the fourth quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock worth $759,000 after buying an additional 161 shares during the last quarter. Belpointe Asset Management LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.5% during the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock worth $2,157,000 after buying an additional 162 shares in the last quarter. Finally, Spire Wealth Management increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock worth $1,699,000 after buying an additional 163 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $72.39 on Tuesday. Vanguard FTSE Developed Markets ETF has a 52 week low of $54.63 and a 52 week high of $73.23. The stock has a market capitalization of $232.17 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The stock has a fifty day moving average of $70.10 and a 200-day moving average of $66.88.

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.