VestGen Investment Management Sells 10,386 Shares of Vanguard FTSE Developed Markets ETF $VEA

VestGen Investment Management lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 24.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,024 shares of the company’s stock after selling 10,386 shares during the period. Vanguard FTSE Developed Markets ETF comprises 1.2% of VestGen Investment Management’s holdings, making the stock its 16th largest position. VestGen Investment Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,282,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VEA. Strategic Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $35,000. First Community Trust NA acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth about $37,000. Quaker Wealth Management LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after purchasing an additional 611 shares in the last quarter. Tidemark LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 80.9% in the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after purchasing an additional 279 shares during the period. Finally, Strategic Advocates LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 66.1% in the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after purchasing an additional 248 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $72.39 on Wednesday. The stock has a market cap of $234.54 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The business has a 50 day simple moving average of $71.19 and a 200 day simple moving average of $69.05. Vanguard FTSE Developed Markets ETF has a 52-week low of $57.81 and a 52-week high of $74.04.

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.