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

Cherry Tree Wealth Management LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 299,201 shares of the company’s stock after acquiring 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 investment 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 quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Nova Wealth Management Inc. boosted its holdings 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 acquiring an additional 253 shares during the period. GGM Financials LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at about $27,000. Ulland Investment Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after buying an additional 242 shares during the period. Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $35,000. Finally, Cloud Capital Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at about $37,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $71.77 on Friday. The stock has a 50-day simple moving average of $67.82 and a 200-day simple moving average of $65.66. The stock has a market capitalization of $230.19 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $54.63 and a 1 year high of $72.23.

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.