Topel & Distasi Wealth Management LLC Reduces Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Topel & Distasi Wealth Management LLC lessened its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 140,793 shares of the company’s stock after selling 816 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 3.1% of Topel & Distasi Wealth Management LLC’s holdings, making the stock its 9th biggest position. Topel & Distasi Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,958,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Transcendent Capital Group LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 101.2% in the second 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 purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $31,000. Spectrum Wealth Counsel LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $33,000. LRI Investments LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $39,000. Finally, First Command Advisory Services Inc. increased its stake in 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 valued at $39,000 after purchasing an additional 622 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $51.60 on Monday. The company has a 50-day simple moving average of $50.63 and a two-hundred day simple moving average of $50.08. The stock has a market capitalization of $135.19 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52-week low of $41.48 and a 52-week high of $52.54.

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.