Dynasty Wealth Management LLC Cuts Position in Vanguard FTSE Developed Markets ETF $VEA

Dynasty Wealth Management LLC lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 226,761 shares of the company’s stock after selling 24,729 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $14,166,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. TL Private Wealth lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock worth $606,000 after buying an additional 155 shares in the last quarter. Belpointe Asset Management LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.5% in the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock worth $2,157,000 after buying an additional 162 shares in the last quarter. Spire Wealth Management lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock worth $1,699,000 after buying an additional 163 shares in the last quarter. Twelve Points Wealth Management LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.9% in the fourth quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock worth $1,220,000 after buying an additional 166 shares in the last quarter. Finally, IAG Wealth Partners LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 8.1% in the fourth quarter. IAG Wealth Partners LLC now owns 2,253 shares of the company’s stock worth $141,000 after buying an additional 168 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $72.32 on Wednesday. The firm’s 50 day moving average price is $67.97 and its 200-day moving average price is $65.76. The company has a market cap of $231.95 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $54.63 and a 52-week high of $72.32.

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.