42,803 Shares in Vanguard FTSE Developed Markets ETF $VEA Purchased by SHP Wealth Management

SHP Wealth Management purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 42,803 shares of the company’s stock, valued at approximately $2,674,000.

Other hedge funds also recently bought and sold shares of the company. Mascagni Wealth Management Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 2.1% in the fourth quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock valued at $452,000 after buying an additional 152 shares in the last quarter. TL Private Wealth lifted its position in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after buying an additional 155 shares in the last quarter. River Wealth Advisors LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 1.3% during the 4th quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock valued at $759,000 after buying an additional 161 shares in the last quarter. Belpointe Asset Management LLC grew its stake in Vanguard FTSE Developed Markets ETF by 0.5% in the 4th quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after acquiring an additional 162 shares during the period. Finally, Spire Wealth Management grew its stake in Vanguard FTSE Developed Markets ETF by 0.6% in the 4th quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after acquiring an additional 163 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $72.31 on Friday. The stock has a market capitalization of $231.92 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.63 and a fifty-two week high of $73.23. The company has a fifty day moving average of $70.01 and a two-hundred day moving average of $66.77.

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.