Vanguard FTSE Developed Markets ETF $VEA is Wealth Architects LLC’s 3rd Largest Position

Wealth Architects LLC trimmed its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.2% in the 2nd quarter, Holdings Channel reports. The firm owned 956,360 shares of the company’s stock after selling 21,940 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 5.5% of Wealth Architects LLC’s holdings, making the stock its 3rd biggest position. Wealth Architects LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $54,522,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kessler Investment Group LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $26,000. von Borstel & Associates Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $26,000. Financial Network Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $28,000. Finally, Nemes Rush Group LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 236.5% during the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after buying an additional 402 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.9%

Shares of VEA stock opened at $59.18 on Monday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $61.32. The stock has a market cap of $176.33 billion, a P/E ratio of 16.34 and a beta of 0.89. The company has a 50 day simple moving average of $59.22 and a two-hundred day simple moving average of $56.01.

Vanguard FTSE Developed Markets ETF 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.