Forum Financial Management LP Has $3.27 Million Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Forum Financial Management LP grew its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 68,361 shares of the company’s stock after buying an additional 6,520 shares during the quarter. Forum Financial Management LP’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VEA. Wealth Management Strategies Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $12,818,000. Sunbeam Capital Management LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $378,000. Michels Family Financial LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $494,000. Westfuller Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth $311,000. Finally, Peak Retirement Planning Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $1,226,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $55.03 on Friday. The company has a market capitalization of $156.84 billion, a price-to-earnings ratio of 16.25 and a beta of 0.88. The business’s 50-day moving average is $51.77 and its 200-day moving average is $50.56. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $55.45.

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.