Tanager Wealth Management LLP Has $69.29 Million Stake in Vanguard FTSE Developed Markets ETF $VEA

Tanager Wealth Management LLP decreased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,156,441 shares of the company’s stock after selling 41,467 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 7.3% of Tanager Wealth Management LLP’s holdings, making the stock its 3rd largest position. Tanager Wealth Management LLP’s holdings in Vanguard FTSE Developed Markets ETF were worth $69,294,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. IFS Advisors LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at approximately $35,000. Armstrong Advisory Group Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 210.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock valued at $47,000 after acquiring an additional 563 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at $48,000. Kilter Group LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $49,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $52,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.9%

Shares of VEA stock opened at $64.53 on Friday. The business’s 50-day moving average price is $61.87 and its 200-day moving average price is $59.85. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $64.59. The firm has a market capitalization of $199.89 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

About Vanguard FTSE Developed Markets ETF

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.