Vanguard FTSE Developed Markets ETF $VEA is Truepoint Inc.’s 7th Largest Position

Truepoint Inc. lessened its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,589,070 shares of the company’s stock after selling 107,175 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 5.0% of Truepoint Inc.’s portfolio, making the stock its 7th largest position. Truepoint Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $224,209,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Nova Wealth Management Inc. lifted its holdings 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 purchasing an additional 253 shares during the last quarter. GGM Financials LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth approximately $27,000. Ulland Investment Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares during the last quarter. Strategic Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $35,000. Finally, Quaker Wealth Management LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% in the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after buying an additional 611 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.5%

VEA stock opened at $68.81 on Thursday. The company has a market capitalization of $220.69 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.63 and a twelve month high of $72.32. The business has a 50 day simple moving average of $69.05 and a 200-day simple moving average of $66.25.

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.