Vanguard FTSE Developed Markets ETF $VEA is Payne Capital Management LLC’s 4th Largest Position

Payne Capital Management LLC increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 22.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 340,215 shares of the company’s stock after purchasing an additional 63,051 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 6.6% of Payne Capital Management LLC’s holdings, making the stock its 4th biggest holding. Payne Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $20,386,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. GGM Financials LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $27,000. Ulland Investment Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 242 shares during the last quarter. Cloud Capital Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $37,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $48,000. Finally, Kilter Group LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $49,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $64.28 on Thursday. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $70.55. The stock has a market capitalization of $199.11 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The company has a 50-day simple moving average of $66.74 and a 200-day simple moving average of $62.99.

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.