Aureum Wealth Management LLC Invests $1.14 Million in Vanguard FTSE Developed Markets ETF $VEA

Aureum Wealth Management LLC bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 18,223 shares of the company’s stock, valued at approximately $1,138,000. Vanguard FTSE Developed Markets ETF comprises 1.1% of Aureum Wealth Management LLC’s holdings, making the stock its 28th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. A&I Financial Services LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 2.9% in the 4th quarter. A&I Financial Services LLC now owns 94,559 shares of the company’s stock valued at $5,907,000 after acquiring an additional 2,622 shares during the last quarter. Fairway Wealth LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 7.8% in the fourth quarter. Fairway Wealth LLC now owns 352,279 shares of the company’s stock valued at $22,007,000 after purchasing an additional 25,360 shares during the last quarter. Manuka Financial LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 3.5% during the fourth quarter. Manuka Financial LLC now owns 100,990 shares of the company’s stock worth $6,309,000 after buying an additional 3,417 shares during the last quarter. WP Advisors LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 6.1% in the 4th quarter. WP Advisors LLC now owns 20,025 shares of the company’s stock valued at $1,251,000 after buying an additional 1,158 shares in the last quarter. Finally, West Michigan Advisors LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 4.6% in the 4th quarter. West Michigan Advisors LLC now owns 11,719 shares of the company’s stock valued at $732,000 after buying an additional 519 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.8%

Vanguard FTSE Developed Markets ETF stock opened at $68.35 on Thursday. The stock has a market cap of $219.22 billion, a P/E ratio of 16.34 and a beta of 0.83. The company has a 50-day moving average price of $66.62 and a 200 day moving average price of $64.07. Vanguard FTSE Developed Markets ETF has a 12-month low of $51.51 and a 12-month high of $70.55.

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.