Turtle Creek Wealth Advisors LLC Lowers Position in Vanguard FTSE Developed Markets ETF $VEA

Turtle Creek Wealth Advisors LLC lowered its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 221,537 shares of the company’s stock after selling 15,122 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 1.1% of Turtle Creek Wealth Advisors LLC’s portfolio, making the stock its 26th biggest position. Turtle Creek Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $14,196,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Mascagni Wealth Management Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock worth $452,000 after buying an additional 152 shares during the period. TL Private Wealth raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock worth $606,000 after acquiring an additional 155 shares in the last quarter. River Wealth Advisors LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.3% during the 4th quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock worth $759,000 after purchasing an additional 161 shares during the last quarter. Belpointe Asset Management LLC boosted its position in Vanguard FTSE Developed Markets ETF by 0.5% during the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after purchasing an additional 162 shares in the last quarter. Finally, Spire Wealth Management grew its stake in Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after purchasing an additional 163 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $70.81 on Friday. The company has a market capitalization of $227.88 billion, a PE ratio of 16.34 and a beta of 0.83. The company has a 50-day simple moving average of $70.43 and a two-hundred day simple moving average of $67.36. Vanguard FTSE Developed Markets ETF has a one year low of $55.68 and a one year high of $73.23.

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.