SCS Capital Management LLC Has $592.82 Million Position in Vanguard FTSE Developed Markets ETF $VEA

SCS Capital Management LLC cut its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,489,679 shares of the company’s stock after selling 317,931 shares during the period. Vanguard FTSE Developed Markets ETF comprises 6.3% of SCS Capital Management LLC’s portfolio, making the stock its 4th biggest position. SCS Capital Management LLC owned 0.31% of Vanguard FTSE Developed Markets ETF worth $592,820,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nova Wealth Management Inc. raised its position in Vanguard FTSE Developed Markets ETF by 151.5% during the 4th 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. GGM Financials LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at $27,000. Ulland Investment Advisors LLC raised its position in 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 valued at $34,000 after purchasing an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $35,000. Finally, Quaker Wealth Management LLC raised its position in 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 valued at $39,000 after purchasing an additional 611 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $71.77 on Monday. The business has a fifty day simple moving average of $67.82 and a two-hundred day simple moving average of $65.69. The firm has a market cap of $230.19 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.63 and a twelve month high of $72.23.

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.