Sellwood Investment Partners LLC Makes New $2.56 Million Investment in Vanguard FTSE Developed Markets ETF $VEA

Sellwood Investment Partners LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the first quarter, Holdings Channel reports. The firm purchased 39,888 shares of the company’s stock, valued at approximately $2,556,000. Vanguard FTSE Developed Markets ETF makes up approximately 1.0% of Sellwood Investment Partners LLC’s holdings, making the stock its 17th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in VEA. Nova Wealth Management Inc. raised 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 valued at $26,000 after purchasing an additional 253 shares in the last quarter. Ulland Investment Advisors LLC increased its holdings 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 buying an additional 242 shares during the period. Strategic Wealth Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at approximately $35,000. Quaker Wealth Management LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after acquiring an additional 611 shares during the period. Finally, Strategic Advocates LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 66.1% during the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after acquiring an additional 248 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $70.92 on Tuesday. The stock’s fifty day moving average price is $70.32 and its two-hundred day moving average price is $67.19. The company has a market cap of $227.46 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $55.68 and a fifty-two week 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.