Cambridge Advisors Inc. Sells 31,624 Shares of Vanguard FTSE Developed Markets ETF $VEA

Cambridge Advisors Inc. cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.2% during the second quarter, Holdings Channel reports. The fund owned 577,888 shares of the company’s stock after selling 31,624 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 6.9% of Cambridge Advisors Inc.’s holdings, making the stock its 3rd biggest holding. Cambridge Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $32,945,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. TFO Wealth Partners LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $222,710,000. Arkadios Wealth Advisors grew its holdings in Vanguard FTSE Developed Markets ETF by 289.9% in the 1st quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock valued at $4,729,000 after buying an additional 69,173 shares in the last quarter. Fiduciary Alliance LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 3.5% in the 2nd quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock valued at $498,000 after buying an additional 292 shares in the last quarter. Financial Synergies Wealth Advisors Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 3.2% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 900,352 shares of the company’s stock valued at $45,765,000 after buying an additional 27,816 shares in the last quarter. Finally, Waterfront Wealth Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 13.8% in the 1st quarter. Waterfront Wealth Inc. now owns 14,600 shares of the company’s stock valued at $742,000 after buying an additional 1,770 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $59.06 on Friday. The stock’s fifty day moving average price is $58.53 and its two-hundred day moving average price is $55.34. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $60.51. The firm has a market cap of $169.68 billion, a price-to-earnings 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.