Objective Capital Management LLC Takes Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Objective Capital Management LLC acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,279 shares of the company’s stock, valued at approximately $2,022,000. Vanguard FTSE Developed Markets ETF makes up 1.2% of Objective Capital Management LLC’s portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Transcendent Capital Group LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 101.2% in the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after acquiring an additional 256 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $31,000. Spectrum Wealth Counsel LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $33,000. Abich Financial Wealth Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% in the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after acquiring an additional 713 shares in the last quarter. Finally, Fairscale Capital LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $38,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA traded down $0.67 during trading hours on Friday, hitting $50.25. 9,223,896 shares of the company’s stock were exchanged, compared to its average volume of 9,512,234. The business’s 50 day moving average is $51.47 and its 200-day moving average is $50.65. Vanguard FTSE Developed Markets ETF has a 12-month low of $43.29 and a 12-month high of $53.40. The firm has a market capitalization of $131.66 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.