Vanguard FTSE Developed Markets ETF $VEA Stock Position Cut by Mascoma Wealth Management LLC

Mascoma Wealth Management LLC cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 522,972 shares of the company’s stock after selling 2,743 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 6.9% of Mascoma Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Mascoma Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $29,815,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealthspire Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 110.7% during the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after purchasing an additional 11,830,891 shares during the last quarter. TFO Wealth Partners LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth approximately $222,710,000. Wit LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 99,898.4% in the 1st quarter. Wit LLC now owns 4,020,934 shares of the company’s stock worth $204,384,000 after purchasing an additional 4,016,913 shares during the period. SCS Capital Management LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 48.0% in the 1st quarter. SCS Capital Management LLC now owns 10,411,294 shares of the company’s stock worth $529,206,000 after purchasing an additional 3,377,989 shares during the period. Finally, RWA Wealth Partners LLC raised its stake in Vanguard FTSE Developed Markets ETF by 20.6% during the 1st quarter. RWA Wealth Partners LLC now owns 13,542,589 shares of the company’s stock worth $688,370,000 after acquiring an additional 2,313,204 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.9%

NYSEARCA VEA opened at $61.06 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $61.15. The stock has a market cap of $179.48 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The company’s 50 day moving average is $58.84 and its two-hundred day moving average is $55.69.

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.