Vanguard FTSE Developed Markets ETF $VEA is Valmark Advisers Inc.’s Largest Position

Valmark Advisers Inc. cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 11,462,597 shares of the company’s stock after selling 277,590 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 9.1% of Valmark Advisers Inc.’s investment portfolio, making the stock its biggest holding. Valmark Advisers Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $653,483,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. TFO Wealth Partners LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $222,710,000. Arkadios Wealth Advisors increased its holdings in Vanguard FTSE Developed Markets ETF by 289.9% in the 1st quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock worth $4,729,000 after acquiring an additional 69,173 shares during the last quarter. Fiduciary Alliance LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 3.5% in the 2nd quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock worth $498,000 after acquiring an additional 292 shares during the last quarter. Twelve Points Wealth Management LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 2.7% in the 2nd quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock worth $1,121,000 after acquiring an additional 508 shares during the last quarter. Finally, Financial Synergies Wealth Advisors Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 3.2% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 900,352 shares of the company’s stock worth $45,765,000 after acquiring an additional 27,816 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.9%

Shares of NYSEARCA VEA opened at $60.65 on Wednesday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $61.32. The business has a 50-day simple moving average of $58.99 and a two-hundred day simple moving average of $55.81. The company has a market cap of $178.27 billion, a P/E ratio of 16.34 and a beta of 0.89.

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.