Madrid Wealth Management LLC Invests $7.45 Million in Vanguard FTSE Developed Markets ETF $VEA

Madrid Wealth Management LLC acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 119,205 shares of the company’s stock, valued at approximately $7,447,000. Vanguard FTSE Developed Markets ETF comprises approximately 6.0% of Madrid Wealth Management LLC’s investment portfolio, making the stock its 4th largest position.

Several other hedge funds have also added to or reduced their stakes in the company. Nova Wealth Management Inc. lifted its holdings in shares of 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 buying an additional 253 shares in the last quarter. GGM Financials LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the third quarter worth about $27,000. Ulland Investment Advisors LLC increased 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 buying an additional 242 shares during the period. Cloud Capital Management LLC bought a new position in Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $37,000. Finally, Quaker Wealth Management LLC raised its position in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after purchasing an additional 611 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 2.6%

NYSEARCA:VEA opened at $68.80 on Friday. Vanguard FTSE Developed Markets ETF has a twelve month low of $52.58 and a twelve month high of $70.55. The stock’s 50-day simple moving average is $66.53 and its 200 day simple moving average is $64.36. The firm has a market capitalization of $220.66 billion, a PE ratio of 16.34 and a beta of 0.83.

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.