Cherry Tree Wealth Management LLC Raises Stake in Vanguard FTSE Developed Markets ETF $VEA

Cherry Tree Wealth Management LLC grew its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 290,328 shares of the company’s stock after purchasing an additional 7,903 shares during the period. Vanguard FTSE Developed Markets ETF comprises 3.8% of Cherry Tree Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Cherry Tree Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $17,396,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GGM Financials LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at approximately $27,000. Ulland Investment Advisors LLC increased its holdings in shares of 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 worth $34,000 after purchasing an additional 242 shares in the last quarter. Cloud Capital Management LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth $37,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $48,000. Finally, Kilter Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $49,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $65.41 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $70.55. The company has a market cap of $202.61 billion, a P/E ratio of 16.34 and a beta of 0.87. The stock’s fifty day moving average price is $66.74 and its 200-day moving average price is $62.99.

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.