Summit Wealth Group LLC Purchases 13,907 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Summit Wealth Group LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 305,462 shares of the company’s stock after purchasing an additional 13,907 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 4.2% of Summit Wealth Group LLC’s holdings, making the stock its 5th largest position. Summit Wealth Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $14,607,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Sanctuary Advisors LLC increased its position in Vanguard FTSE Developed Markets ETF by 2.6% in the 4th quarter. Sanctuary Advisors LLC now owns 606,210 shares of the company’s stock valued at $30,565,000 after acquiring an additional 15,300 shares during the period. Advance Capital Management Inc. increased its position in Vanguard FTSE Developed Markets ETF by 14.3% in the 4th quarter. Advance Capital Management Inc. now owns 13,711 shares of the company’s stock valued at $656,000 after acquiring an additional 1,711 shares during the period. Kozak & Associates Inc. increased its position in Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after acquiring an additional 410 shares during the period. First County Bank CT increased its position in Vanguard FTSE Developed Markets ETF by 18.0% in the 4th quarter. First County Bank CT now owns 13,089 shares of the company’s stock valued at $626,000 after acquiring an additional 1,993 shares during the period. Finally, Highview Capital Management LLC DE increased its position in Vanguard FTSE Developed Markets ETF by 3.4% in the 4th quarter. Highview Capital Management LLC DE now owns 190,918 shares of the company’s stock valued at $9,130,000 after acquiring an additional 6,282 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.7 %

NYSEARCA VEA opened at $51.56 on Wednesday. The business’s 50 day moving average is $49.36 and its two-hundred day moving average is $50.40. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.79 and a 12-month high of $53.40. The stock has a market capitalization of $144.88 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92.

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.