Abound Wealth Management trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 487,436 shares of the company’s stock after selling 10,163 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 8.9% of Abound Wealth Management’s holdings, making the stock its 4th largest position. Abound Wealth Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $24,089,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in VEA. Transcendent Capital Group LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 101.2% in the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after acquiring an additional 256 shares in the last quarter. Triad Wealth Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $31,000. Spectrum Wealth Counsel LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $33,000. First Command Advisory Services Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 379.3% during the 2nd quarter. First Command Advisory Services Inc. now owns 786 shares of the company’s stock worth $39,000 after buying an additional 622 shares in the last quarter. Finally, LRI Investments LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth approximately $40,000.
Vanguard FTSE Developed Markets ETF Trading Up 0.3 %
VEA stock opened at $51.60 on Monday. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $52.54. The stock has a market cap of $135.19 billion, a P/E ratio of 13.32 and a beta of 0.88. The stock’s fifty day simple moving average is $50.63 and its two-hundred day simple moving average is $50.08.
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.
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