Palatine Hill Wealth Management LLC Purchases Shares of 61,349 Vanguard FTSE Developed Markets ETF $VEA

Palatine Hill Wealth Management LLC purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 61,349 shares of the company’s stock, valued at approximately $3,832,000. Vanguard FTSE Developed Markets ETF accounts for approximately 3.1% of Palatine Hill Wealth Management LLC’s portfolio, making the stock its 8th biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. increased its position in 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 valued at $26,000 after acquiring an additional 253 shares during the period. GGM Financials LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at approximately $27,000. Ulland Investment Advisors LLC increased 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 valued at $34,000 after acquiring an additional 242 shares during the period. Strategic Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at approximately $35,000. Finally, Quaker Wealth Management LLC increased its position in 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 valued at $39,000 after acquiring an additional 611 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.6%

VEA opened at $72.32 on Wednesday. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.63 and a twelve month high of $72.32. The company has a fifty day moving average of $67.97 and a 200-day moving average of $65.76. The stock has a market cap of $231.95 billion, a PE ratio of 16.34 and a beta of 0.83.

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.