GC Wealth Management RIA LLC Boosts Stake in Vanguard FTSE Developed Markets ETF $VEA

GC Wealth Management RIA LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 59.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 98,844 shares of the company’s stock after purchasing an additional 37,017 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of VEA. Nova Wealth Management Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after purchasing an additional 253 shares during the last quarter. Strategic Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $35,000. Quaker Wealth Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 7,637.5% in the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares during the last quarter. Tidemark LLC grew its position in Vanguard FTSE Developed Markets ETF by 80.9% in the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after purchasing an additional 279 shares during the period. Finally, Strategic Advocates LLC grew its position in Vanguard FTSE Developed Markets ETF by 66.1% in the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after purchasing an additional 248 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 1.0%

Shares of VEA opened at $69.78 on Friday. The firm has a market cap of $226.08 billion, a PE ratio of 16.34 and a beta of 0.83. The firm has a fifty day simple moving average of $70.80 and a two-hundred day simple moving average of $68.20. Vanguard FTSE Developed Markets ETF has a 1-year low of $55.68 and a 1-year high of $73.23.

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.