Vanguard FTSE Developed Markets ETF $VEA Stock Holdings Reduced by Kaydan Wealth Management Inc.

Kaydan Wealth Management Inc. trimmed its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.3% in the third quarter, Holdings Channel.com reports. The fund owned 678,621 shares of the company’s stock after selling 15,855 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 11.6% of Kaydan Wealth Management Inc.’s holdings, making the stock its largest holding. Kaydan Wealth Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $40,663,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of VEA. IFS Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at $35,000. Armstrong Advisory Group Inc. grew its stake in 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 during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $48,000. Kilter Group LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $49,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the second quarter worth about $52,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $62.81 on Friday. The business’s fifty day moving average price is $61.42 and its two-hundred day moving average price is $59.36. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $63.08. The stock has a market cap of $187.15 billion, a PE ratio of 16.34 and a beta of 0.87.

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.