Focus Financial Network Inc. Sells 1,256 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Focus Financial Network Inc. cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 179,696 shares of the company’s stock after selling 1,256 shares during the quarter. Focus Financial Network Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,186,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Creative Planning raised its holdings in Vanguard FTSE Developed Markets ETF by 1.8% in the 4th quarter. Creative Planning now owns 126,420,464 shares of the company’s stock worth $62,294,000 after purchasing an additional 2,288,154 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock worth $4,251,307,000 after buying an additional 3,279,281 shares during the period. Jones Financial Companies Lllp grew its position in shares of Vanguard FTSE Developed Markets ETF by 2.5% in the 4th quarter. Jones Financial Companies Lllp now owns 78,087,328 shares of the company’s stock worth $3,740,383,000 after buying an additional 1,900,950 shares during the period. Wells Fargo & Company MN grew its position in shares of Vanguard FTSE Developed Markets ETF by 1.0% in the 4th quarter. Wells Fargo & Company MN now owns 62,460,928 shares of the company’s stock worth $2,991,878,000 after buying an additional 625,362 shares during the period. Finally, Royal Bank of Canada grew its position in shares of Vanguard FTSE Developed Markets ETF by 5.3% in the 4th quarter. Royal Bank of Canada now owns 39,532,198 shares of the company’s stock worth $1,893,592,000 after buying an additional 1,973,177 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.3 %

Shares of NYSEARCA:VEA traded down $0.14 during midday trading on Tuesday, reaching $51.27. The company’s stock had a trading volume of 4,839,924 shares, compared to its average volume of 10,080,062. The firm has a 50 day moving average of $49.93 and a 200-day moving average of $49.59. The firm has a market capitalization of $134.33 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $51.68.

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.