Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Smith & Howard Wealth Management LLC’s 7th Largest Position

Smith & Howard Wealth Management LLC trimmed its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.3% in the 1st quarter, HoldingsChannel reports. The firm owned 259,284 shares of the company’s stock after selling 6,091 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 3.6% of Smith & Howard Wealth Management LLC’s portfolio, making the stock its 7th biggest position. Smith & Howard Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $13,179,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of VEA. Sellwood Investment Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $26,000. Chapman Financial Group LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $29,000. Headlands Technologies LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 65.2% in the 4th quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock worth $34,000 after acquiring an additional 277 shares in the last quarter. Dunhill Financial LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 80.6% in the 4th quarter. Dunhill Financial LLC now owns 715 shares of the company’s stock worth $34,000 after acquiring an additional 319 shares in the last quarter. Finally, Orion Capital Management LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $44,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.8%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $55.42 on Tuesday. The stock has a 50-day moving average price of $54.26 and a 200 day moving average price of $51.46. The company has a market cap of $157.95 billion, a P/E ratio of 16.52 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $56.91.

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.