Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Equita Financial Network Inc.

Equita Financial Network Inc. lowered its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 504,080 shares of the company’s stock after selling 51,437 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 11.4% of Equita Financial Network Inc.’s holdings, making the stock its 2nd biggest holding. Equita Financial Network Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $28,738,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of VEA. Envestnet Asset Management Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 1.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock valued at $5,684,072,000 after buying an additional 958,633 shares during the last quarter. Wealthfront Advisers LLC increased its position in Vanguard FTSE Developed Markets ETF by 3.0% during the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock valued at $3,068,678,000 after purchasing an additional 1,778,345 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard FTSE Developed Markets ETF by 3.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock worth $3,030,902,000 after purchasing an additional 1,840,640 shares during the last quarter. Northern Trust Corp lifted its position in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the 1st quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock worth $2,165,353,000 after purchasing an additional 1,425,051 shares during the period. Finally, Wealthspire Advisors LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 110.7% in the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock worth $1,144,426,000 after purchasing an additional 11,830,891 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.7%

VEA opened at $61.67 on Tuesday. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $61.69. The company has a fifty day moving average of $59.82 and a 200-day moving average of $56.93. The stock has a market cap of $183.75 billion, a PE ratio of 16.34 and a beta of 0.87.

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.