First Foundation Advisors Cuts Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

First Foundation Advisors lowered its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report) by 4.9% during the 1st quarter, Holdings Channel reports. The firm owned 5,965 shares of the company’s stock after selling 305 shares during the period. First Foundation Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $303,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of America Corp DE boosted its position in Vanguard FTSE Developed Markets ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock worth $8,387,299,000 after purchasing an additional 10,807,527 shares during the last quarter. Betterment LLC boosted its position in Vanguard FTSE Developed Markets ETF by 8.0% in the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock worth $6,574,541,000 after purchasing an additional 10,132,168 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 0.7% in the first quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock worth $5,019,357,000 after purchasing an additional 660,028 shares during the last quarter. Wells Fargo & Company MN boosted its position in Vanguard FTSE Developed Markets ETF by 4.0% in the fourth quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock worth $3,120,675,000 after purchasing an additional 2,488,154 shares during the last quarter. Finally, Wealthfront Advisers LLC boosted its position in Vanguard FTSE Developed Markets ETF by 3.0% in the first quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock worth $3,068,678,000 after purchasing an additional 1,778,345 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $57.14 on Wednesday. The firm has a market cap of $165.18 billion, a PE ratio of 16.34 and a beta of 0.89. The stock’s fifty day moving average price is $56.43 and its two-hundred day moving average price is $52.95. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $58.52.

Vanguard FTSE Developed Markets ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding VEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report).

Institutional Ownership by Quarter for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

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