Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Acquired by SilverOak Wealth Management LLC

SilverOak Wealth Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.6% during the third quarter, HoldingsChannel reports. The fund owned 298,836 shares of the company’s stock after purchasing an additional 10,511 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 3.5% of SilverOak Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. SilverOak Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $15,782,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VEA. Transcendent Capital Group LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 101.2% during the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after purchasing an additional 256 shares in the last quarter. Triad Wealth Partners LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $31,000. Spectrum Wealth Counsel LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $33,000. Abich Financial Wealth Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 2,458.6% in the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after acquiring an additional 713 shares during the last quarter. Finally, Fairscale Capital LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at $38,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock traded down $0.67 during mid-day trading on Friday, hitting $50.25. 9,223,896 shares of the stock were exchanged, compared to its average volume of 9,512,234. The stock’s fifty day simple moving average is $51.47 and its two-hundred day simple moving average is $50.65. Vanguard FTSE Developed Markets ETF has a 12-month low of $43.29 and a 12-month high of $53.40. The stock has a market capitalization of $131.66 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.