Vanguard FTSE Developed Markets ETF $VEA Stock Position Cut by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC decreased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 19.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 254,970 shares of the company’s stock after selling 61,031 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $18,003,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Green Ridge Wealth Planning LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth $15,031,000. Pathway Financial Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 44.9% during the third quarter. Pathway Financial Advisors LLC now owns 70,764 shares of the company’s stock valued at $4,997,000 after purchasing an additional 21,916 shares in the last quarter. Verus Advisory Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $9,561,000. Moody National Bank Trust Division lifted its holdings in Vanguard FTSE Developed Markets ETF by 7.9% in the 3rd quarter. Moody National Bank Trust Division now owns 1,176,580 shares of the company’s stock valued at $83,078,000 after purchasing an additional 86,572 shares in the last quarter. Finally, Bayban acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $3,050,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA traded down $0.07 on Tuesday, reaching $69.88. 3,124,866 shares of the company’s stock were exchanged, compared to its average volume of 14,069,103. The stock’s fifty day moving average price is $72.22 and its 200-day moving average price is $70.45. Vanguard FTSE Developed Markets ETF has a twelve month low of $58.88 and a twelve month high of $74.04. The stock has a market cap of $229.11 billion, a PE ratio of 16.34 and a beta of 0.84.

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.