GSB Wealth Management LLC Sells 1,066 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

GSB Wealth Management LLC reduced its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 93,451 shares of the company’s stock after selling 1,066 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 1.2% of GSB Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. GSB Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,469,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. increased its position in Vanguard FTSE Developed Markets ETF by 2.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 303,404 shares of the company’s stock worth $14,509,000 after buying an additional 7,048 shares during the period. Aspiring Ventures LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $316,000. DGS Capital Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 24.7% in the 4th quarter. DGS Capital Management LLC now owns 36,337 shares of the company’s stock valued at $1,738,000 after buying an additional 7,198 shares in the last quarter. Cornerstone Wealth Advisors Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 7.2% in the 4th quarter. Cornerstone Wealth Advisors Inc. now owns 327,032 shares of the company’s stock valued at $15,639,000 after buying an additional 21,848 shares in the last quarter. Finally, Petredis Investment Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 8.1% in the 4th quarter. Petredis Investment Advisors LLC now owns 289,776 shares of the company’s stock valued at $13,857,000 after buying an additional 21,660 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $50.02 on Friday. The stock’s fifty day simple moving average is $49.03 and its 200 day simple moving average is $50.28. The firm has a market cap of $131.05 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $46.72 and a one year high of $53.40.

Vanguard FTSE Developed Markets ETF 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.