Watershed Private Wealth LLC Reduces Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Watershed Private Wealth LLC lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,099 shares of the company’s stock after selling 6,743 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 1.1% of Watershed Private Wealth LLC’s portfolio, making the stock its 21st biggest position. Watershed Private Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,699,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Transcendent Capital Group LLC grew its position in Vanguard FTSE Developed Markets ETF by 101.2% during the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after purchasing an additional 256 shares during the last quarter. Triad Wealth Partners LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth about $31,000. Spectrum Wealth Counsel LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $33,000. Abich Financial Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 2,458.6% during 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 last quarter. Finally, Fairscale Capital LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $38,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA traded down $0.77 during trading on Tuesday, reaching $51.33. The company had a trading volume of 9,054,819 shares, compared to its average volume of 9,597,657. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $53.40. The stock’s fifty day moving average price is $51.42 and its 200 day moving average price is $50.44. The firm has a market capitalization of $134.48 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.