Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC trimmed its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 88,897 shares of the company’s stock after selling 11,272 shares during the period. Motley Fool Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,695,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VEA. Transcendent Capital Group LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 101.2% in the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after purchasing an additional 256 shares in the last quarter. Triad Wealth Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter valued at about $31,000. Lummis Asset Management LP acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the third quarter valued at about $34,000. Spectrum Wealth Counsel LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter valued at about $33,000. Finally, Abich Financial Wealth Management LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% during the second 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 in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $50.56 on Wednesday. The business has a 50-day moving average of $50.79 and a 200-day moving average of $50.65. The company has a market capitalization of $132.47 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.79 and a 1-year high of $53.40.

About Vanguard FTSE Developed Markets ETF

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.