Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Stake Lowered by Austin Wealth Management LLC

Austin Wealth Management LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,204 shares of the company’s stock after selling 293 shares during the period. Austin Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $641,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Principal Financial Group Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 308.2% during the 3rd quarter. Principal Financial Group Inc. now owns 462,230 shares of the company’s stock worth $24,410,000 after purchasing an additional 348,989 shares during the last quarter. Verdence Capital Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth $252,000. Fountainhead AM LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth $200,000. Jeppson Wealth Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $205,000. Finally, Vestia Personal Wealth Advisors lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 13.2% in the third quarter. Vestia Personal Wealth Advisors now owns 12,530 shares of the company’s stock worth $662,000 after buying an additional 1,463 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $51.23 on Wednesday. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.80 and a 52-week high of $53.40. The company has a 50-day moving average of $50.08 and a two-hundred day moving average of $50.46. The stock has a market capitalization of $143.96 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92.

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.