VSM Wealth Advisory LLC Invests $6.11 Million in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

VSM Wealth Advisory LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 127,762 shares of the company’s stock, valued at approximately $6,110,000. Vanguard FTSE Developed Markets ETF accounts for about 2.2% of VSM Wealth Advisory LLC’s holdings, making the stock its 14th largest holding.

Other hedge funds have also made changes to their positions in the company. Kozak & Associates Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $29,000. Keystone Financial Group Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $32,000. Crews Bank & Trust purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $37,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA raised its holdings in Vanguard FTSE Developed Markets ETF by 44.2% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 777 shares of the company’s stock worth $37,000 after purchasing an additional 238 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.1 %

NYSEARCA VEA opened at $52.75 on Wednesday. The stock has a market capitalization of $148.23 billion, a P/E ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.80 and a 52-week high of $53.40. The firm has a 50-day moving average price of $50.48 and a 200 day moving average price of $50.45.

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.