Downshift Financial LLC Invests $1.43 Million in Vanguard FTSE Developed Markets ETF $VEA

Downshift Financial LLC purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 21,637 shares of the company’s stock, valued at approximately $1,426,000. Vanguard FTSE Developed Markets ETF accounts for about 0.9% of Downshift Financial LLC’s investment portfolio, making the stock its 20th largest holding.

A number of other institutional investors also recently modified their holdings of the business. Nova Wealth Management Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 151.5% in the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after buying an additional 253 shares in the last quarter. GGM Financials LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth $27,000. Ulland Investment Advisors LLC boosted 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 acquiring an additional 242 shares during the period. Strategic Wealth Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $35,000. Finally, Quaker Wealth Management LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% in the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after purchasing an additional 611 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $72.31 on Friday. Vanguard FTSE Developed Markets ETF has a 52-week low of $54.63 and a 52-week high of $73.23. The firm has a market cap of $231.92 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The business’s fifty day moving average is $70.01 and its 200 day moving average is $66.77.

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.