Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Founders Grove Wealth Partners LLC

Founders Grove Wealth Partners LLC lowered its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 548,491 shares of the company’s stock after selling 12,249 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 7.7% of Founders Grove Wealth Partners LLC’s investment portfolio, making the stock its largest position. Founders Grove Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $34,264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of VEA. Bank of America Corp DE raised its position in Vanguard FTSE Developed Markets ETF by 3.0% in the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after acquiring an additional 5,747,233 shares in the last quarter. Betterment LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 2.5% during the 3rd quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock valued at $8,235,869,000 after purchasing an additional 3,364,345 shares in the last quarter. Wealthfront Advisers LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 3.1% during the 3rd quarter. Wealthfront Advisers LLC now owns 58,309,968 shares of the company’s stock valued at $3,493,933,000 after purchasing an additional 1,755,210 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 5.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock worth $3,483,057,000 after purchasing an additional 3,076,786 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of Vanguard FTSE Developed Markets ETF by 3.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock worth $3,049,419,000 after purchasing an additional 1,794,331 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $63.15 on Wednesday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $70.55. The company has a market capitalization of $195.61 billion, a P/E ratio of 16.34 and a beta of 0.87. The company’s 50 day simple moving average is $66.64 and its 200 day simple moving average is $63.16.

Vanguard FTSE Developed Markets ETF 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.