Twin Cities Retirement Group LLC Buys Shares of 165,369 Vanguard FTSE Developed Markets ETF $VEA

Twin Cities Retirement Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 165,369 shares of the company’s stock, valued at approximately $10,331,000. Vanguard FTSE Developed Markets ETF accounts for approximately 10.0% of Twin Cities Retirement Group LLC’s investment portfolio, making the stock its 4th biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nova Wealth Management Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares in the last quarter. GGM Financials LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $27,000. Ulland Investment Advisors LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $35,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $37,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $70.46 on Friday. The firm has a fifty day moving average price of $67.14 and a 200-day moving average price of $65.29. The stock has a market cap of $225.98 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $54.44 and a 1 year high of $71.12.

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.