Torrey Payne Wealth Management LLC Takes Position in Vanguard FTSE Developed Markets ETF $VEA

Torrey Payne Wealth Management LLC bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 8,099 shares of the company’s stock, valued at approximately $535,000. Vanguard FTSE Developed Markets ETF makes up about 0.5% of Torrey Payne Wealth Management LLC’s holdings, making the stock its 22nd biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nova Wealth Management Inc. boosted its stake in 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 buying an additional 253 shares in the last quarter. GGM Financials LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth $27,000. Ulland Investment Advisors LLC raised its position in Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 242 shares during the period. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth $35,000. Finally, Cloud Capital Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth $37,000.

Vanguard FTSE Developed Markets ETF Stock Down 2.1%

Shares of NYSEARCA:VEA opened at $69.08 on Friday. The stock has a market cap of $221.56 billion, a PE ratio of 16.34 and a beta of 0.83. The company’s fifty day moving average is $66.72 and its 200 day moving average is $64.98. Vanguard FTSE Developed Markets ETF has a 52 week low of $54.21 and a 52 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.