Able Wealth Management LLC Trims Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Able Wealth Management LLC reduced its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,537 shares of the company’s stock after selling 257 shares during the period. Able Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $292,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VEA. CWA Asset Management Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth $5,890,000. Beckerman Institutional LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth about $825,000. Leavell Investment Management Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the third quarter. Leavell Investment Management Inc. now owns 515,689 shares of the company’s stock worth $27,234,000 after acquiring an additional 15,248 shares during the last quarter. Burt Wealth Advisors grew its holdings in Vanguard FTSE Developed Markets ETF by 158.9% in the third quarter. Burt Wealth Advisors now owns 11,326 shares of the company’s stock valued at $598,000 after purchasing an additional 6,951 shares during the period. Finally, Stone Point Wealth LLC increased its position in Vanguard FTSE Developed Markets ETF by 11.2% during the third quarter. Stone Point Wealth LLC now owns 94,414 shares of the company’s stock worth $4,986,000 after purchasing an additional 9,515 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.3 %

Shares of VEA opened at $50.25 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $43.29 and a fifty-two week high of $53.40. The company’s fifty day moving average is $51.47 and its two-hundred day moving average is $50.65. The firm has a market cap of $131.66 billion, a PE ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Company 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.