Sherman Wealth Management LLC Takes $2.78 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Sherman Wealth Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 46,422 shares of the company’s stock, valued at approximately $2,782,000. Vanguard FTSE Developed Markets ETF comprises approximately 2.8% of Sherman Wealth Management LLC’s holdings, making the stock its 8th biggest position.

Several other large investors have also modified their holdings of VEA. GGM Financials LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth $27,000. Ulland Investment Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after acquiring an additional 242 shares during the period. Cloud Capital Management LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the third quarter valued at about $37,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at about $48,000. Finally, Kilter Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at about $49,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $62.05 on Friday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $70.55. The firm has a market capitalization of $192.21 billion, a PE ratio of 16.34 and a beta of 0.87. The business’s 50-day simple moving average is $66.52 and its 200-day simple moving average is $63.18.

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.