Vanguard FTSE Developed Markets ETF $VEA is Cherry Tree Wealth Management LLC’s 5th Largest Position

Cherry Tree Wealth Management LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 299,201 shares of the company’s stock after buying an additional 8,873 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 3.9% of Cherry Tree Wealth Management LLC’s portfolio, making the stock its 5th biggest position. Cherry Tree Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $18,691,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in VEA. Nova Wealth Management Inc. boosted its stake in shares of 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 buying an additional 253 shares during the period. GGM Financials LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth about $27,000. Ulland Investment Advisors LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $35,000. Finally, Cloud Capital Management LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth about $37,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $71.77 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.63 and a fifty-two week high of $72.23. The firm has a market capitalization of $230.19 billion, a PE ratio of 16.34 and a beta of 0.83. The stock’s 50-day simple moving average is $67.82 and its 200-day simple moving average is $65.66.

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.