Goldman Sachs Group Inc. Lowers Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Goldman Sachs Group Inc. lessened its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,053,327 shares of the company’s stock after selling 676,248 shares during the quarter. Goldman Sachs Group Inc. owned 0.91% of Vanguard FTSE Developed Markets ETF worth $1,752,491,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Nova Wealth Management Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after buying an additional 253 shares during the period. GGM Financials LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the third quarter worth about $27,000. Ulland Investment Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares during the period. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $35,000. Finally, Quaker Wealth Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after buying an additional 611 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $72.32 on Wednesday. The firm has a market cap of $231.95 billion, a PE ratio of 16.34 and a beta of 0.83. The company has a 50-day moving average of $67.97 and a two-hundred day moving average of $65.76. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.63 and a 1-year high of $72.32.

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.