Sterling Group Wealth Management LLC Has $9.65 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sterling Group Wealth Management LLC cut its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 201,841 shares of the company’s stock after selling 3,460 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 5.0% of Sterling Group Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Sterling Group Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,652,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Creative Planning raised its position in Vanguard FTSE Developed Markets ETF by 4.9% in the second quarter. Creative Planning now owns 139,777,262 shares of the company’s stock worth $6,907,792,000 after purchasing an additional 6,565,775 shares in the last quarter. WealthNavi Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 5.6% during the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after acquiring an additional 2,436,012 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 4.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock valued at $2,518,573,000 after purchasing an additional 2,402,484 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 5,209.5% in the 3rd quarter. International Assets Investment Management LLC now owns 1,895,439 shares of the company’s stock worth $100,098,000 after purchasing an additional 1,859,740 shares during the last quarter. Finally, Cerity Partners LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 12.4% during the 3rd quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock valued at $814,998,000 after purchasing an additional 1,700,587 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $49.74 on Friday. The firm has a market cap of $130.32 billion, a P/E ratio of 13.32 and a beta of 0.88. The business’s fifty day moving average is $49.00 and its two-hundred day moving average is $50.29. Vanguard FTSE Developed Markets ETF has a 52 week low of $46.72 and a 52 week 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.