Gradient Capital Advisors LLC Cuts Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Gradient Capital Advisors LLC reduced its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.5% in the 1st quarter, HoldingsChannel reports. The fund owned 92,976 shares of the company’s stock after selling 1,461 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 1.7% of Gradient Capital Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Gradient Capital Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,665,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in VEA. Creative Planning lifted its position in Vanguard FTSE Developed Markets ETF by 1.8% during the 4th quarter. Creative Planning now owns 126,420,464 shares of the company’s stock worth $62,294,000 after acquiring an additional 2,288,154 shares during the period. Envestnet Asset Management Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 3.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock valued at $4,251,307,000 after purchasing an additional 3,279,281 shares in the last quarter. Jones Financial Companies Lllp increased its stake in Vanguard FTSE Developed Markets ETF by 2.5% in the 4th quarter. Jones Financial Companies Lllp now owns 78,087,328 shares of the company’s stock valued at $3,740,383,000 after purchasing an additional 1,900,950 shares in the last quarter. Wells Fargo & Company MN grew its holdings in Vanguard FTSE Developed Markets ETF by 1.0% during the 4th quarter. Wells Fargo & Company MN now owns 62,460,928 shares of the company’s stock valued at $2,991,878,000 after buying an additional 625,362 shares during the last quarter. Finally, Morgan Stanley grew its holdings in Vanguard FTSE Developed Markets ETF by 3.7% during the 3rd quarter. Morgan Stanley now owns 54,759,270 shares of the company’s stock valued at $2,394,075,000 after buying an additional 1,930,476 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA traded up $0.04 during trading hours on Friday, reaching $49.42. 9,419,151 shares of the company traded hands, compared to its average volume of 10,583,810. The firm’s 50-day moving average is $49.99 and its 200-day moving average is $48.89. The stock has a market cap of $129.48 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $51.28.

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.