Global Financial Private Client LLC Trims Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Global Financial Private Client LLC cut its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,887 shares of the company’s stock after selling 2,605 shares during the period. Global Financial Private Client LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,477,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Creative Planning increased its holdings in Vanguard FTSE Developed Markets ETF by 3.8% during the third quarter. Creative Planning now owns 145,118,743 shares of the company’s stock valued at $7,663,721,000 after buying an additional 5,341,481 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position 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 valued at $2,518,573,000 after acquiring an additional 2,402,484 shares in the last quarter. WealthNavi Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.6% in the 3rd quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock valued at $2,434,309,000 after acquiring an additional 2,436,012 shares during the period. LPL Financial LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 4.5% in the 3rd quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock worth $1,176,781,000 after acquiring an additional 954,457 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 10.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock worth $948,309,000 after purchasing an additional 1,860,937 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $47.40 on Tuesday. The stock’s 50-day moving average is $49.21 and its 200 day moving average is $50.35. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.91 and a 1-year high of $53.40. The company has a market cap of $124.19 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.