AFG Fiduciary Services Limited Partnership Trims Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

AFG Fiduciary Services Limited Partnership lessened its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 40,986 shares of the company’s stock after selling 554 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 0.6% of AFG Fiduciary Services Limited Partnership’s portfolio, making the stock its 18th largest position. AFG Fiduciary Services Limited Partnership’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,011,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Bank of America Corp DE grew its holdings in Vanguard FTSE Developed Markets ETF by 6.6% during the 4th quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after buying an additional 10,807,527 shares during the last quarter. Betterment LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 8.0% during the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock worth $6,574,541,000 after purchasing an additional 10,132,168 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock worth $4,690,563,000 after purchasing an additional 1,599,089 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock worth $3,120,675,000 after purchasing an additional 2,488,154 shares during the last quarter. Finally, WealthNavi Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 7.2% during the fourth quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock worth $2,363,599,000 after purchasing an additional 3,331,395 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $56.10 on Friday. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $56.65. The stock’s fifty day simple moving average is $52.44 and its 200-day simple moving average is $50.93. The stock has a market capitalization of $159.89 billion, a price-to-earnings ratio of 16.52 and a beta of 0.87.

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.