Mission Wealth Management LP Has $79.37 Million Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Mission Wealth Management LP decreased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,270,516 shares of the company’s stock after selling 35,907 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 1.6% of Mission Wealth Management LP’s holdings, making the stock its 10th largest position. Mission Wealth Management LP’s holdings in Vanguard FTSE Developed Markets ETF were worth $79,369,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Nova Wealth Management Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares in the last quarter. GGM Financials LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $27,000. Ulland Investment Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $35,000. Finally, Cloud Capital Management LLC bought a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at about $37,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $69.08 on Monday. The stock has a 50-day simple moving average of $66.72 and a 200 day simple moving average of $65.01. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.21 and a fifty-two week high of $71.12. The stock has a market capitalization of $221.56 billion, a P/E 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.