Tanager Wealth Management LLP Sells 10,396 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Tanager Wealth Management LLP decreased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,305,869 shares of the company’s stock after selling 10,396 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 8.6% of Tanager Wealth Management LLP’s portfolio, making the stock its 2nd biggest holding. Tanager Wealth Management LLP’s holdings in Vanguard FTSE Developed Markets ETF were worth $66,377,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VEA. Bank of America Corp DE lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.6% in 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 period. Betterment LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 8.0% during the 4th 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. lifted its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock valued at $4,690,563,000 after buying an additional 1,599,089 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Vanguard FTSE Developed Markets ETF by 4.0% in the 4th quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock valued at $3,120,675,000 after buying an additional 2,488,154 shares in the last quarter. Finally, WealthNavi Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 0.7% in the 1st quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock worth $2,530,802,000 after buying an additional 362,543 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 1.1%

NYSEARCA:VEA opened at $56.48 on Friday. The stock has a 50 day moving average of $54.60 and a two-hundred day moving average of $51.56. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $56.91. The firm has a market cap of $162.27 billion, a P/E ratio of 16.34 and a beta of 0.89.

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.