Cassaday & Co Wealth Management LLC Makes New $524,000 Investment in Vanguard FTSE Developed Markets ETF $VEA

Cassaday & Co Wealth Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,176 shares of the company’s stock, valued at approximately $524,000.

A number of other hedge funds and other institutional investors have also modified their holdings of VEA. Nova Wealth Management Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% during 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 in the last quarter. Strategic Wealth Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $35,000. Quaker Wealth Management LLC boosted its holdings in shares of 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 valued at $39,000 after acquiring an additional 611 shares in the last quarter. Scarborough Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $40,000. Finally, Strategic Advocates LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 66.1% during the fourth quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after acquiring an additional 248 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $70.47 on Wednesday. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23. The stock has a market cap of $228.32 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The stock’s 50 day moving average price is $70.82 and its 200 day moving average price is $68.09.

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.