Global Wealth Management Investment Advisory Inc. lessened its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 5.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,214 shares of the company’s stock after selling 2,407 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,464,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in the stock. Financial Network Wealth Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. Financial Gravity Asset Management Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth about $28,000. Nemes Rush Group LLC increased its position in Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after purchasing an additional 402 shares in the last quarter. IFS Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $35,000. Finally, Armstrong Advisory Group Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 210.1% in the second quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock valued at $47,000 after buying an additional 563 shares during the period.
Vanguard FTSE Developed Markets ETF Stock Up 0.3%
Shares of VEA stock opened at $60.61 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.80. The firm’s 50 day moving average price is $60.18 and its two-hundred day moving average price is $57.61. The stock has a market cap of $180.59 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.
About Vanguard FTSE Developed Markets ETF
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.
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