Navigate Wealth Management LLC Makes New Investment in Vanguard FTSE Developed Markets ETF $VEA

Navigate Wealth Management LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 26,704 shares of the company’s stock, valued at approximately $1,811,000. Vanguard FTSE Developed Markets ETF accounts for 1.3% of Navigate Wealth Management LLC’s investment portfolio, making the stock its 21st biggest position.

A number of other hedge funds also recently modified their holdings of VEA. Nova Wealth Management Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 151.5% during the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after acquiring an additional 253 shares during the period. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $35,000. Quaker Wealth Management LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% in the 4th 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 period. Tidemark LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 80.9% in the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after purchasing an additional 279 shares during the period. Finally, Strategic Advocates LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 66.1% in the fourth quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after purchasing an additional 248 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $70.99 on Monday. The firm has a market capitalization of $230.00 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The company has a 50 day simple moving average of $70.80 and a 200-day simple moving average of $67.73. Vanguard FTSE Developed Markets ETF has a 52-week low of $55.68 and a 52-week 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.