Mcmorgan & Co. LLC Reduces Holdings in Vanguard FTSE Developed Markets ETF $VEA

Mcmorgan & Co. LLC reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 16.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 450,130 shares of the company’s stock after selling 85,812 shares during the period. Vanguard FTSE Developed Markets ETF makes up 4.8% of Mcmorgan & Co. LLC’s portfolio, making the stock its 8th biggest position. Mcmorgan & Co. LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $32,072,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 47.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after purchasing an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth $209,000. Squarepoint Ops LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth $7,001,000. Finally, Glenview Trust co raised its stake in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after purchasing an additional 297 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $73.06 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $57.81 and a one year high of $74.04. The stock has a 50-day moving average of $71.45 and a 200 day moving average of $69.41. The company has a market capitalization of $236.71 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.