Montis Financial LLC Sells 1,029 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Montis Financial LLC trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 273,317 shares of the company’s stock after selling 1,029 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 5.1% of Montis Financial LLC’s portfolio, making the stock its 6th largest position. Montis Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $14,434,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. HCR Wealth Advisors raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.3% during the third quarter. HCR Wealth Advisors now owns 26,092 shares of the company’s stock worth $1,378,000 after acquiring an additional 845 shares in the last quarter. McNamara Financial Services Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 0.3% during the 3rd quarter. McNamara Financial Services Inc. now owns 129,139 shares of the company’s stock worth $6,820,000 after purchasing an additional 329 shares in the last quarter. Perfromance Wealth Partners LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 10.0% during the 3rd quarter. Perfromance Wealth Partners LLC now owns 7,426 shares of the company’s stock valued at $392,000 after buying an additional 678 shares during the last quarter. Level Financial Advisors lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.0% during the 3rd quarter. Level Financial Advisors now owns 343,398 shares of the company’s stock valued at $18,135,000 after buying an additional 16,207 shares during the last quarter. Finally, Arbor Wealth Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 9.2% in the 3rd quarter. Arbor Wealth Advisors LLC now owns 41,357 shares of the company’s stock valued at $2,184,000 after buying an additional 3,500 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $51.99 on Friday. The firm has a market cap of $136.21 billion, a PE ratio of 13.32 and a beta of 0.88. The firm’s 50 day moving average price is $51.33 and its 200 day moving average price is $50.43. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month 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.