Connecticut Wealth Management LLC Has $54.23 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Connecticut Wealth Management LLC decreased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,080,910 shares of the company’s stock after selling 42,438 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 2.9% of Connecticut Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. Connecticut Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $54,229,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. KFA Private Wealth Group LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 49.0% during the 1st quarter. KFA Private Wealth Group LLC now owns 14,305 shares of the company’s stock worth $718,000 after buying an additional 4,706 shares during the period. 1834 Investment Advisors Co. boosted its holdings in Vanguard FTSE Developed Markets ETF by 26.8% in the 1st quarter. 1834 Investment Advisors Co. now owns 167,368 shares of the company’s stock valued at $8,397,000 after purchasing an additional 35,383 shares during the period. Cherry Tree Wealth Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 8.5% in the 1st quarter. Cherry Tree Wealth Management LLC now owns 257,870 shares of the company’s stock valued at $12,937,000 after purchasing an additional 20,215 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 3,666,219 shares of the company’s stock valued at $183,934,000 after purchasing an additional 35,479 shares during the period. Finally, Intelligence Driven Advisers LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 7.5% in the 1st quarter. Intelligence Driven Advisers LLC now owns 12,128 shares of the company’s stock valued at $608,000 after purchasing an additional 846 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.6 %

NYSEARCA VEA traded up $0.32 during trading on Friday, reaching $50.48. The company’s stock had a trading volume of 7,272,917 shares, compared to its average volume of 10,528,680. The firm has a market capitalization of $132.26 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12 month low of $41.48 and a 12 month high of $51.28. The firm has a 50 day moving average price of $50.12 and a 200 day moving average price of $48.97.

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.