Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC decreased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 565,376 shares of the company’s stock after selling 9,912 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 1.1% of Avidian Wealth Enterprises LLC’s holdings, making the stock its 16th largest holding. Avidian Wealth Enterprises LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $39,921,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock valued at $6,277,926,000 after purchasing an additional 2,039,805 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after buying an additional 2,675,380 shares during the last quarter. Auto Owners Insurance Co increased its position in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% during the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after acquiring an additional 72,590,763 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock worth $4,017,717,000 after acquiring an additional 848,196 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in Vanguard FTSE Developed Markets ETF by 11.9% in the 1st quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after acquiring an additional 5,041,973 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.7%

NYSEARCA VEA traded down $0.51 on Thursday, reaching $69.75. The company had a trading volume of 4,638,675 shares, compared to its average volume of 14,139,986. Vanguard FTSE Developed Markets ETF has a 52-week low of $58.88 and a 52-week high of $74.04. The company’s fifty day moving average is $72.27 and its 200 day moving average is $70.30. The stock has a market capitalization of $228.68 billion, a P/E ratio of 16.34 and a beta of 0.84.

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.