51,438 Shares in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Acquired by Sherman Asset Management Inc.

Sherman Asset Management Inc. bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 51,438 shares of the company’s stock, valued at approximately $2,460,000. Vanguard FTSE Developed Markets ETF comprises approximately 2.3% of Sherman Asset Management Inc.’s holdings, making the stock its 13th biggest holding.

A number of other hedge funds also recently bought and sold shares of the company. Jacobi Capital Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 2.1% in the 4th quarter. Jacobi Capital Management LLC now owns 125,405 shares of the company’s stock worth $5,997,000 after purchasing an additional 2,535 shares during the period. TPG Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF by 2.7% in the 4th quarter. TPG Advisors LLC now owns 102,991 shares of the company’s stock worth $4,925,000 after purchasing an additional 2,723 shares during the period. Proffitt & Goodson Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 2.1% in the 4th quarter. Proffitt & Goodson Inc. now owns 1,094,709 shares of the company’s stock worth $52,349,000 after purchasing an additional 22,589 shares during the period. Richard W. Paul & Associates LLC increased its stake in Vanguard FTSE Developed Markets ETF by 3.4% in the 4th quarter. Richard W. Paul & Associates LLC now owns 16,819 shares of the company’s stock worth $804,000 after purchasing an additional 546 shares during the period. Finally, Noble Wealth Management PBC purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $137,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $51.07 on Friday. The business’s 50 day simple moving average is $49.55 and its two-hundred day simple moving average is $50.43. The stock has a market capitalization of $143.51 billion, a P/E ratio of 16.75 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a one year low of $46.79 and a one year high of $53.40.

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.