Stone Loft Wealth Management LLC Buys Shares of 23,566 Vanguard FTSE Developed Markets ETF $VEA

Stone Loft Wealth Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 23,566 shares of the company’s stock, valued at approximately $1,510,000. Vanguard FTSE Developed Markets ETF accounts for 1.1% of Stone Loft Wealth Management LLC’s holdings, making the stock its 14th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Cherry Creek Investment Advisors Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 1.6% during the first quarter. Cherry Creek Investment Advisors Inc. now owns 9,836 shares of the company’s stock valued at $630,000 after acquiring an additional 151 shares in the last quarter. Mascagni Wealth Management Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 2.1% during the 4th quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock worth $452,000 after acquiring an additional 152 shares during the period. Ironwood Investment Counsel LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 0.4% in the 1st quarter. Ironwood Investment Counsel LLC now owns 39,675 shares of the company’s stock worth $2,542,000 after purchasing an additional 153 shares in the last quarter. TL Private Wealth lifted its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock worth $606,000 after purchasing an additional 155 shares in the last quarter. Finally, River Wealth Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock valued at $759,000 after purchasing an additional 161 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $69.23 on Tuesday. The firm has a fifty day moving average price of $70.81 and a two-hundred day moving average price of $68.04. The company has a market cap of $224.30 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a one year low of $55.68 and a one year high of $73.23.

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.