Paulson Wealth Management Inc. Reduces Position in Vanguard FTSE Developed Markets ETF $VEA

Paulson Wealth Management Inc. lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 161,915 shares of the company’s stock after selling 873 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 2.4% of Paulson Wealth Management Inc.’s investment portfolio, making the stock its 11th biggest holding. Paulson Wealth Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,231,000 at the end of the most recent quarter.

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

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $60.42 on Friday. The firm has a 50-day simple moving average of $60.15 and a 200-day simple moving average of $57.49. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $61.80. The firm has a market cap of $180.03 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.