Foundations Investment Advisors LLC Sells 61,958 Shares of Vanguard FTSE Developed Markets ETF $VEA

Foundations Investment Advisors LLC lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 37.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 102,110 shares of the company’s stock after selling 61,958 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,379,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VEA. Betterment LLC increased its stake in Vanguard FTSE Developed Markets ETF by 2.5% in the third quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock valued at $8,235,869,000 after acquiring an additional 3,364,345 shares during the last quarter. Wealthfront Advisers LLC increased its stake in Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock valued at $3,666,088,000 after acquiring an additional 375,614 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard FTSE Developed Markets ETF by 5.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock valued at $3,483,057,000 after acquiring an additional 3,076,786 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Vanguard FTSE Developed Markets ETF by 3.6% in the third quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock valued at $3,049,419,000 after acquiring an additional 1,794,331 shares during the last quarter. Finally, WealthNavi Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 1.5% in the fourth quarter. WealthNavi Inc. now owns 49,538,873 shares of the company’s stock valued at $3,094,693,000 after acquiring an additional 741,263 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.4%

VEA opened at $71.66 on Friday. The stock has a market cap of $229.83 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52 week low of $54.63 and a 52 week high of $71.88. The business’s fifty day simple moving average is $67.67 and its 200 day simple moving average is $65.62.

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.