49 Wealth Management LLC Has $1.73 Million Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

49 Wealth Management LLC reduced its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 38.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,784 shares of the company’s stock after selling 20,873 shares during the quarter. 49 Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,731,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VEA. Transcendent Capital Group LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 101.2% in the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after purchasing an additional 256 shares during the last quarter. Triad Wealth Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth about $31,000. Lummis Asset Management LP acquired a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at about $34,000. Spectrum Wealth Counsel LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $33,000. Finally, Abich Financial Wealth Management LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 2,458.6% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after acquiring an additional 713 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.2 %

Shares of NYSEARCA:VEA opened at $49.28 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.37 and a 12-month high of $53.40. The business has a 50 day moving average of $51.13 and a 200-day moving average of $50.68. The stock has a market cap of $129.11 billion, a PE ratio of 13.32 and a beta of 0.88.

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.