Vanguard FTSE Developed Markets ETF $VEA Shares Acquired by Synergy Asset Management LLC

Synergy Asset Management LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 358.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,276 shares of the company’s stock after purchasing an additional 28,369 shares during the period. Synergy Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,068,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in VEA. Kessler Investment Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth $26,000. von Borstel & Associates Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth $26,000. Financial Network Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth $26,000. Financial Gravity Asset Management Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth $28,000. Finally, Nemes Rush Group LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after acquiring an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $60.50 on Friday. The firm has a market cap of $177.83 billion, a P/E ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $60.67. The firm has a fifty day moving average of $58.78 and a two-hundred day moving average of $55.62.

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.