Sherry Group Inc. Invests $2.46 Million in Vanguard FTSE Developed Markets ETF $VEA

Sherry Group Inc. purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 39,115 shares of the company’s stock, valued at approximately $2,456,000. Vanguard FTSE Developed Markets ETF comprises 2.6% of Sherry Group Inc.’s holdings, making the stock its 9th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of 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 worth $26,000 after buying an additional 253 shares during the last quarter. GGM Financials LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at $27,000. Ulland Investment Advisors LLC lifted its position 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 purchasing an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $35,000. Finally, Cloud Capital Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at $37,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $69.08 on Monday. The company has a market capitalization of $221.56 billion, a PE ratio of 16.34 and a beta of 0.83. The business’s fifty day moving average is $66.72 and its 200 day moving average is $65.01. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.21 and a fifty-two week high of $71.12.

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.