SilverOak Wealth Management LLC Has $36.81 Million Holdings in Vanguard FTSE Developed Markets ETF $VEA

SilverOak Wealth Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 574,475 shares of the company’s stock after purchasing an additional 59,239 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 5.8% of SilverOak Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. SilverOak Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $36,812,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Mascagni Wealth Management Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 2.1% in the 4th quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock worth $452,000 after buying an additional 152 shares during the last quarter. TL Private Wealth grew 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 during the last quarter. River Wealth Advisors LLC grew 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 during the last quarter. Belpointe Asset Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 0.5% during the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock worth $2,157,000 after acquiring an additional 162 shares during the period. Finally, Spire Wealth Management raised its stake in Vanguard FTSE Developed Markets ETF by 0.6% during the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock worth $1,699,000 after acquiring an additional 163 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 1.5%

Shares of NYSEARCA VEA opened at $70.78 on Wednesday. The firm’s 50-day moving average price is $70.62 and its two-hundred day moving average price is $67.55. Vanguard FTSE Developed Markets ETF has a 52-week low of $55.68 and a 52-week high of $73.23. The stock has a market capitalization of $229.32 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.