Vanguard FTSE Developed Markets ETF $VEA Stock Position Lowered by SCS Capital Management LLC

SCS Capital Management LLC cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 10,220,446 shares of the company’s stock after selling 190,848 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 6.5% of SCS Capital Management LLC’s investment portfolio, making the stock its 4th largest holding. SCS Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $582,668,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of VEA. Fiduciary Alliance LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the second quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock valued at $498,000 after buying an additional 292 shares during the period. Twelve Points Wealth Management LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 2.7% in the 2nd quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock valued at $1,121,000 after purchasing an additional 508 shares during the period. Wiser Wealth Management Inc boosted its position in shares of Vanguard FTSE Developed Markets ETF by 4.6% during the second quarter. Wiser Wealth Management Inc now owns 585,007 shares of the company’s stock valued at $33,351,000 after purchasing an additional 25,814 shares in the last quarter. Sageworth Trust Co boosted its position in shares of Vanguard FTSE Developed Markets ETF by 20.0% during the second quarter. Sageworth Trust Co now owns 780,373 shares of the company’s stock valued at $44,489,000 after purchasing an additional 129,922 shares in the last quarter. Finally, Naples Global Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 8.4% in the second quarter. Naples Global Advisors LLC now owns 113,263 shares of the company’s stock worth $6,457,000 after purchasing an additional 8,771 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $61.95 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $62.20. The firm has a market capitalization of $184.58 billion, a P/E ratio of 16.34 and a beta of 0.87. The business has a fifty day simple moving average of $60.75 and a two-hundred day simple moving average of $58.58.

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.