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

Modera Wealth Management LLC trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,345,932 shares of the company’s stock after selling 159,700 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 4.1% of Modera Wealth Management LLC’s holdings, making the stock its 4th largest position. Modera Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $342,567,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC increased its stake in Vanguard FTSE Developed Markets ETF by 79.2% during the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 47.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares in the last quarter. Capstone Wealth Management Group LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth $209,000. Squarepoint Ops LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $7,001,000. Finally, Glenview Trust co raised its stake in Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after purchasing an additional 297 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.5%

VEA stock opened at $69.70 on Friday. Vanguard FTSE Developed Markets ETF has a 52 week low of $55.68 and a 52 week high of $73.23. The business has a 50-day simple moving average of $70.84 and a 200 day simple moving average of $67.95. The company has a market cap of $225.82 billion, a PE ratio of 16.34 and a beta of 0.83.

Vanguard FTSE Developed Markets ETF Company 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.