Swmg LLC Increases Stake in Vanguard FTSE Developed Markets ETF $VEA

Swmg LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 79,966 shares of the company’s stock after buying an additional 8,121 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 1.5% of Swmg LLC’s portfolio, making the stock its 18th largest holding. Swmg LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,387,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in VEA. Nova Wealth Management Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after buying an additional 253 shares during the period. GGM Financials LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at about $27,000. Ulland Investment Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after buying an additional 242 shares during the period. Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $35,000. Finally, Cloud Capital Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at about $37,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $71.41 on Thursday. Vanguard FTSE Developed Markets ETF has a 1 year low of $54.63 and a 1 year high of $71.88. The stock has a market capitalization of $229.03 billion, a PE ratio of 16.34 and a beta of 0.83. The stock has a 50-day simple moving average of $67.54 and a 200-day simple moving average of $65.54.

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.