SteelPeak Wealth LLC Sells 42,998 Shares of Vanguard FTSE Developed Markets ETF $VEA

SteelPeak Wealth LLC lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 37.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,263 shares of the company’s stock after selling 42,998 shares during the quarter. SteelPeak Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,631,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Cherry Creek Investment Advisors Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.6% in the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 9,836 shares of the company’s stock valued at $630,000 after buying an additional 151 shares in the last quarter. Mascagni Wealth Management Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 2.1% in the 4th quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock worth $452,000 after buying an additional 152 shares during the last quarter. TL Private Wealth raised its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock worth $606,000 after acquiring an additional 155 shares in the last quarter. River Wealth Advisors LLC lifted its position in Vanguard FTSE Developed Markets ETF by 1.3% during the fourth quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock valued at $759,000 after acquiring an additional 161 shares during the last quarter. Finally, Belpointe Asset Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 0.5% during the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after acquiring an additional 162 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.1%

Shares of VEA opened at $70.03 on Friday. The company has a 50 day moving average of $70.86 and a two-hundred day moving average of $67.94. Vanguard FTSE Developed Markets ETF has a twelve month low of $55.68 and a twelve month high of $73.23. The company has a market cap of $226.89 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.