Sugarloaf Wealth Management LLC Has $1.07 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sugarloaf Wealth Management LLC lowered its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,355 shares of the company’s stock after selling 1,635 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,069,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kozak & Associates Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 268.0% during the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after buying an additional 410 shares in the last quarter. Spectrum Wealth Counsel LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $33,000. Lummis Asset Management LP purchased a new stake in Vanguard FTSE Developed Markets ETF in the third quarter worth about $34,000. Abich Financial Wealth Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 2,458.6% during the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after acquiring an additional 713 shares in the last quarter. Finally, Fairscale Capital LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter valued at $38,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.3 %

VEA stock traded down $0.62 during midday trading on Friday, hitting $47.63. The company’s stock had a trading volume of 12,148,918 shares, compared to its average volume of 12,158,402. The firm’s 50-day moving average is $49.32 and its 200-day moving average is $50.37. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.91 and a 12 month high of $53.40. The company has a market cap of $124.79 billion, a PE ratio of 13.32 and a beta of 0.88.

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.