Summit Wealth Group LLC Purchases 1,852 Shares of Vanguard FTSE Developed Markets ETF $VEA

Summit Wealth Group LLC raised its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 306,878 shares of the company’s stock after buying an additional 1,852 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 4.5% of Summit Wealth Group LLC’s holdings, making the stock its 4th biggest holding. Summit Wealth Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $17,495,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Wealthspire Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 110.7% during the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock worth $1,144,426,000 after purchasing an additional 11,830,891 shares in the last quarter. TFO Wealth Partners LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $222,710,000. Wit LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 99,898.4% during the 1st quarter. Wit LLC now owns 4,020,934 shares of the company’s stock worth $204,384,000 after purchasing an additional 4,016,913 shares in the last quarter. SCS Capital Management LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 48.0% during the 1st quarter. SCS Capital Management LLC now owns 10,411,294 shares of the company’s stock worth $529,206,000 after purchasing an additional 3,377,989 shares in the last quarter. Finally, RWA Wealth Partners LLC grew its position in Vanguard FTSE Developed Markets ETF by 20.6% during the first quarter. RWA Wealth Partners LLC now owns 13,542,589 shares of the company’s stock worth $688,370,000 after buying an additional 2,313,204 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $60.70 on Thursday. The company has a market capitalization of $180.86 billion, a P/E ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $61.80. The business’s 50 day simple moving average is $60.12 and its 200 day simple moving average is $57.47.

Vanguard FTSE Developed Markets ETF Company 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.