Broadview Financial Management LLC Cuts Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Broadview Financial Management LLC decreased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 115,041 shares of the company’s stock after selling 3,973 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 4.5% of Broadview Financial Management LLC’s holdings, making the stock its 8th largest position. Broadview Financial Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,559,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares during the period. Revolve Wealth Partners LLC lifted its position in Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares during the period. Capstone Wealth Management Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $209,000. Principal Financial Group Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 0.9% during the 1st quarter. Principal Financial Group Inc. now owns 434,096 shares of the company’s stock valued at $22,065,000 after purchasing an additional 3,940 shares in the last quarter. Finally, Quotient Wealth Partners LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 2.9% during the 1st quarter. Quotient Wealth Partners LLC now owns 8,811 shares of the company’s stock valued at $448,000 after purchasing an additional 246 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $60.42 on Friday. The company has a market capitalization of $180.03 billion, a PE ratio of 16.34 and a beta of 0.87. The stock’s fifty day moving average is $60.15 and its 200-day moving average is $57.49. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $61.80.

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.