Sherman Asset Management Inc. Takes Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sherman Asset Management Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 51,438 shares of the company’s stock, valued at approximately $2,460,000. Vanguard FTSE Developed Markets ETF accounts for about 2.3% of Sherman Asset Management Inc.’s holdings, making the stock its 13th largest holding.

Several other hedge funds have also recently made changes to their positions in the business. Jacobi Capital Management LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Jacobi Capital Management LLC now owns 125,405 shares of the company’s stock valued at $5,997,000 after buying an additional 2,535 shares during the period. TPG Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 2.7% in the fourth 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. grew its stake in Vanguard FTSE Developed Markets ETF by 2.1% in the fourth 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 grew its stake in Vanguard FTSE Developed Markets ETF by 3.4% in the fourth 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 stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth $137,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.1 %

Shares of VEA stock opened at $51.07 on Friday. The stock has a market cap of $143.51 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92. The business’s fifty day moving average is $49.55 and its 200 day moving average is $50.43. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.79 and a twelve month 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.