Worth Asset Management LLC Has $3.53 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Worth Asset Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 627.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 55,111 shares of the company’s stock after purchasing an additional 47,535 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 1.3% of Worth Asset Management LLC’s investment portfolio, making the stock its 13th biggest holding. Worth Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,532,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Nova Wealth Management Inc. lifted 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 acquiring an additional 253 shares in the last quarter. GGM Financials LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth approximately $27,000. Ulland Investment Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $35,000. Finally, Quaker Wealth Management LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% in 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 during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.1%

Shares of VEA stock opened at $72.39 on Tuesday. The company’s fifty day simple moving average is $70.10 and its 200-day simple moving average is $66.88. The firm has a market cap of $232.17 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12 month low of $54.63 and a 12 month high of $73.23.

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.