Asset Dedication LLC Sells 716 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Asset Dedication LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,280 shares of the company’s stock after selling 716 shares during the period. Asset Dedication LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,127,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Strategic Financial Concepts LLC increased its stake in Vanguard FTSE Developed Markets ETF by 6,005.9% in the second quarter. Strategic Financial Concepts LLC now owns 8,308,691 shares of the company’s stock valued at $410,616,000 after acquiring an additional 8,172,614 shares during the period. Creative Planning raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.9% in the second quarter. Creative Planning now owns 139,777,262 shares of the company’s stock valued at $6,907,792,000 after buying an additional 6,565,775 shares during the last quarter. Cetera Investment Advisers lifted its position in Vanguard FTSE Developed Markets ETF by 147.9% during the 1st quarter. Cetera Investment Advisers now owns 4,577,042 shares of the company’s stock worth $229,630,000 after buying an additional 2,730,944 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard FTSE Developed Markets ETF by 4.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock worth $2,518,573,000 after acquiring an additional 2,402,484 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in Vanguard FTSE Developed Markets ETF by 10.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock valued at $948,309,000 after acquiring an additional 1,860,937 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $51.36 on Wednesday. The firm has a 50 day simple moving average of $51.49 and a 200 day simple moving average of $50.45. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $53.40. The firm has a market cap of $134.56 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.