Wealth Forward LLC Cuts Holdings in Vanguard FTSE Developed Markets ETF $VEA

Wealth Forward LLC cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 358,244 shares of the company’s stock after selling 4,017 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 13.7% of Wealth Forward LLC’s portfolio, making the stock its 2nd biggest position. Wealth Forward LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $20,423,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Network Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $26,000. Nemes Rush Group LLC grew its position in shares of 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 buying an additional 402 shares during the period. IFS Advisors LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $35,000. Armstrong Advisory Group Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 210.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock valued at $47,000 after acquiring an additional 563 shares in the last quarter. Finally, Brooklyn Investment Group lifted its position in shares of Vanguard FTSE Developed Markets ETF by 185.1% during the 1st quarter. Brooklyn Investment Group now owns 958 shares of the company’s stock valued at $49,000 after acquiring an additional 622 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.3%

Shares of NYSEARCA VEA opened at $60.61 on Monday. The firm has a market cap of $180.59 billion, a PE ratio of 16.34 and a beta of 0.87. The company’s fifty day simple moving average is $60.18 and its 200 day simple moving average is $57.65. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $61.80.

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.