Waterloo Capital L.P. Trims Stake in Vanguard FTSE Developed Markets ETF $VEA

Waterloo Capital L.P. trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 37.6% in the 4th quarter, HoldingsChannel reports. The firm owned 303,188 shares of the company’s stock after selling 182,316 shares during the period. Vanguard FTSE Developed Markets ETF makes up 1.4% of Waterloo Capital L.P.’s portfolio, making the stock its 17th largest holding. Waterloo Capital L.P.’s holdings in Vanguard FTSE Developed Markets ETF were worth $18,940,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VEA. Nova Wealth Management Inc. increased 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 worth $26,000 after buying an additional 253 shares in the last quarter. GGM Financials LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter valued at about $27,000. Ulland Investment Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $35,000. Finally, Quaker Wealth Management LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during 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 Up 0.2%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $71.77 on Friday. The firm has a market cap of $230.19 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The business has a 50-day moving average price of $67.82 and a 200-day moving average price of $65.66. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.63 and a twelve month high of $72.23.

Vanguard FTSE Developed Markets ETF 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.