Sierra Ocean LLC Buys Shares of 10,262 Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sierra Ocean LLC bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,262 shares of the company’s stock, valued at approximately $491,000. Vanguard FTSE Developed Markets ETF makes up 0.4% of Sierra Ocean LLC’s holdings, making the stock its 26th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. WBH Advisory Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 10.6% in the fourth quarter. WBH Advisory Inc. now owns 40,831 shares of the company’s stock valued at $1,953,000 after buying an additional 3,920 shares in the last quarter. Hassell Wealth Management LLC boosted its position in Vanguard FTSE Developed Markets ETF by 2.2% in the fourth quarter. Hassell Wealth Management LLC now owns 435,540 shares of the company’s stock valued at $21,725,000 after buying an additional 9,467 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its position in Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 415,117 shares of the company’s stock valued at $19,851,000 after buying an additional 2,566 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 4.5% in the fourth quarter. J.W. Cole Advisors Inc. now owns 440,285 shares of the company’s stock valued at $21,054,000 after buying an additional 18,916 shares in the last quarter. Finally, Opes Wealth Management LLC boosted its position in Vanguard FTSE Developed Markets ETF by 4.7% in the fourth quarter. Opes Wealth Management LLC now owns 137,616 shares of the company’s stock valued at $6,581,000 after buying an additional 6,179 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $51.51 on Monday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $46.79 and a fifty-two week high of $53.40. The firm has a market capitalization of $134.96 billion, a P/E ratio of 13.32 and a beta of 0.88. The company’s 50 day moving average price is $49.17 and its two-hundred day moving average price is $50.26.

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.