Sargent Investment Group LLC Invests $1.27 Million in Vanguard FTSE Developed Markets ETF $VEA

Sargent Investment Group LLC bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, Holdings Channel.com reports. The firm bought 20,375 shares of the company’s stock, valued at approximately $1,273,000.

A number of other hedge funds and other institutional investors 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 shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth approximately $27,000. Ulland Investment Advisors LLC boosted its stake in shares of 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 buying an additional 242 shares during the last quarter. Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $35,000. Finally, Quaker Wealth Management LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% in the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after buying an additional 611 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $71.55 on Monday. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.63 and a twelve month high of $72.32. The stock’s 50 day moving average price is $69.33 and its 200-day moving average price is $66.42. The company has a market capitalization of $229.48 billion, a PE ratio of 16.34 and a beta of 0.83.

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.