Rehmann Capital Advisory Group Trims Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Rehmann Capital Advisory Group reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 99,984 shares of the company’s stock after selling 4,214 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,280,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of VEA. Transcendent Capital Group LLC boosted its stake in shares of 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 valued at $25,000 after purchasing an additional 256 shares during the period. Triad Wealth Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at $31,000. Lummis Asset Management LP acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth about $34,000. Spectrum Wealth Counsel LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $33,000. Finally, 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 worth $37,000 after acquiring an additional 713 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.7 %

Shares of NYSEARCA VEA opened at $50.25 on Wednesday. The stock has a market cap of $131.64 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.91 and a 52-week high of $53.40. The business has a 50-day moving average price of $50.62 and a 200 day moving average price of $50.65.

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.