JMG Financial Group Ltd. Lowers Position in Vanguard FTSE Developed Markets ETF $VEA

JMG Financial Group Ltd. decreased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.3% during the fourth quarter, HoldingsChannel reports. The fund owned 6,204,833 shares of the company’s stock after selling 21,502 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 10.9% of JMG Financial Group Ltd.’s investment portfolio, making the stock its 3rd biggest holding. JMG Financial Group Ltd.’s holdings in Vanguard FTSE Developed Markets ETF were worth $387,616,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Nova Wealth Management Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares during the period. GGM Financials LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $27,000. Ulland Investment Advisors LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 242 shares during the period. Strategic Wealth Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $35,000. Finally, Quaker Wealth Management LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% in the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $71.77 on Monday. The stock has a market cap of $230.19 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.63 and a fifty-two week high of $72.23. The firm’s fifty day moving average price is $67.82 and its 200-day moving average price is $65.69.

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.