Spectrum Strategic Capital Management LLC Invests $7.45 Million in Vanguard FTSE Developed Markets ETF $VEA

Spectrum Strategic Capital Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 119,317 shares of the company’s stock, valued at approximately $7,454,000. Vanguard FTSE Developed Markets ETF comprises 4.0% of Spectrum Strategic Capital Management LLC’s portfolio, making the stock its 6th biggest holding.

A number of other hedge funds have also modified their holdings of VEA. Brighton Jones LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after acquiring an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth $209,000. Squarepoint Ops LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $7,001,000. Finally, Glenview Trust co increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after acquiring an additional 297 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $69.08 on Monday. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.21 and a 1-year high of $71.12. The company has a market capitalization of $221.56 billion, a PE ratio of 16.34 and a beta of 0.83. The firm’s fifty day simple moving average is $66.72 and its 200-day simple moving average is $65.01.

Vanguard FTSE Developed Markets ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

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