Connecticut Capital Management Group LLC Makes New $2.52 Million Investment in Vanguard FTSE Developed Markets ETF $VEA

Connecticut Capital Management Group LLC purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 40,343 shares of the company’s stock, valued at approximately $2,520,000. Vanguard FTSE Developed Markets ETF comprises approximately 2.4% of Connecticut Capital Management Group LLC’s holdings, making the stock its 13th largest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nova Wealth Management Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 151.5% in 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 last quarter. GGM Financials LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $27,000. Ulland Investment Advisors LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 75.6% in 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 last quarter. Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $35,000. Finally, Cloud Capital Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $37,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.5%

NYSEARCA VEA opened at $71.41 on Thursday. The company has a fifty day simple moving average of $67.54 and a two-hundred day simple moving average of $65.54. The stock has a market cap of $229.03 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.63 and a 12-month high of $71.88.

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.