Vanguard FTSE Developed Markets ETF $VEA Position Trimmed by Salomon & Ludwin LLC

Salomon & Ludwin LLC decreased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 474,437 shares of the company’s stock after selling 14,585 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 2.7% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 10th largest holding. Salomon & Ludwin LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $27,114,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in VEA. Kessler Investment Group LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $26,000. von Borstel & Associates Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $26,000. Financial Network Wealth Advisors LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $28,000. Finally, Nemes Rush Group LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 236.5% in the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after buying an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $60.71 on Friday. The stock has a market cap of $180.89 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The business has a 50 day simple moving average of $59.51 and a 200 day simple moving average of $56.30. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $61.32.

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.