Motive Wealth Advisors Sells 12,216 Shares of Vanguard FTSE Developed Markets ETF $VEA

Motive Wealth Advisors cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 405,873 shares of the company’s stock after selling 12,216 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 10.8% of Motive Wealth Advisors’ investment portfolio, making the stock its largest holding. Motive Wealth Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $25,355,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Bank of America Corp DE increased its position in Vanguard FTSE Developed Markets ETF by 3.0% during 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 during the period. Betterment LLC raised its stake in 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 during the last quarter. Wealthfront Advisers LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 3.1% in 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 during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in 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 valued at $3,483,057,000 after purchasing an additional 3,076,786 shares during the period. Finally, Jones Financial Companies Lllp grew its position in 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 Stock Performance

NYSEARCA:VEA opened at $62.03 on Tuesday. The firm’s 50-day moving average is $66.45 and its 200-day moving average is $63.24. The company has a market cap of $192.14 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $70.55.

About Vanguard FTSE Developed Markets ETF

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.