PBMares Wealth Management LLC Lowers Stock Position in Vanguard FTSE Developed Markets ETF $VEA

PBMares Wealth Management LLC lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,945 shares of the company’s stock after selling 4,841 shares during the quarter. PBMares Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,536,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 0.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock valued at $5,019,357,000 after purchasing an additional 660,028 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 3.0% in the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock valued at $3,068,678,000 after purchasing an additional 1,778,345 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard FTSE Developed Markets ETF by 3.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after purchasing an additional 1,840,640 shares in the last quarter. WealthNavi Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.7% during the 1st quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock worth $2,530,802,000 after acquiring an additional 362,543 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the 1st quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock worth $2,165,353,000 after acquiring an additional 1,425,051 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $59.92 on Wednesday. The business’s 50 day simple moving average is $58.69 and its 200-day simple moving average is $55.53. The firm has a market capitalization of $172.15 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $60.51.

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.