Vanguard FTSE Developed Markets ETF $VEA is Weitzel Financial Services Inc.’s 2nd Largest Position

Weitzel Financial Services Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 612,103 shares of the company’s stock after buying an additional 9,844 shares during the period. Vanguard FTSE Developed Markets ETF makes up 15.0% of Weitzel Financial Services Inc.’s investment portfolio, making the stock its 2nd biggest holding. Weitzel Financial Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $38,685,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Nova Wealth Management Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 151.5% in the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after buying an additional 253 shares in the last quarter. GGM Financials LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at approximately $27,000. Ulland Investment Advisors LLC grew its stake 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 buying an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at approximately $35,000. Finally, Cloud Capital Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at approximately $37,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $70.83 on Friday. The company has a fifty day moving average price of $66.56 and a 200-day moving average price of $64.62. The firm has a market capitalization of $227.17 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a one year low of $53.51 and a one year high of $71.12.

Vanguard FTSE Developed Markets ETF 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.