Sage Mountain Advisors LLC Buys 24,210 Shares of Vanguard FTSE Developed Markets ETF $VEA

Sage Mountain Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 489,825 shares of the company’s stock after purchasing an additional 24,210 shares during the period. Vanguard FTSE Developed Markets ETF makes up 1.7% of Sage Mountain Advisors LLC’s investment portfolio, making the stock its 12th biggest holding. Sage Mountain Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $29,350,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. IFS Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $35,000. Armstrong Advisory Group Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 210.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock worth $47,000 after purchasing an additional 563 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $48,000. Kilter Group LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at $49,000. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at $52,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $64.37 on Tuesday. The company has a 50-day moving average price of $62.37 and a 200-day moving average price of $60.24. The stock has a market capitalization of $199.39 billion, a P/E ratio of 16.34 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 $65.18.

Vanguard FTSE Developed Markets ETF Company 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.