Freedom Financial Partners LLC Sells 2,767 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Freedom Financial Partners LLC lowered its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 12.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,671 shares of the company’s stock after selling 2,767 shares during the period. Freedom Financial Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $949,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VEA. Bank of America Corp DE raised its position in Vanguard FTSE Developed Markets ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock worth $8,387,299,000 after buying an additional 10,807,527 shares during the last quarter. Betterment LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 8.0% during the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after acquiring an additional 10,132,168 shares during the period. Envestnet Asset Management Inc. increased its position in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock worth $4,690,563,000 after buying an additional 1,599,089 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Vanguard FTSE Developed Markets ETF by 4.0% in the fourth quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock worth $3,120,675,000 after buying an additional 2,488,154 shares during the period. Finally, WealthNavi Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 7.2% during the 4th quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock valued at $2,363,599,000 after buying an additional 3,331,395 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $55.81 on Wednesday. The firm has a market cap of $159.06 billion, a P/E ratio of 16.52 and a beta of 0.87. The company has a 50 day simple moving average of $52.24 and a two-hundred day simple moving average of $50.85. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $56.23.

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.