Vanguard FTSE Developed Markets ETF $VEA Stock: Level Financial Advisors Cuts Holdings

Level Financial Advisors lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 19.7% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 390,155 shares of the company’s stock after selling 95,551 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 6.2% of Level Financial Advisors’ holdings, making the stock its 3rd biggest position. Level Financial Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $27,549,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its position in Vanguard FTSE Developed Markets ETF by 2.4% during the second quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock worth $6,277,926,000 after buying an additional 2,039,805 shares in the last quarter. Auto Owners Insurance Co lifted its position in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% in the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after acquiring an additional 72,590,763 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 4.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after acquiring an additional 2,675,380 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Vanguard FTSE Developed Markets ETF by 11.9% in the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after acquiring an additional 5,041,973 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 42.8% during the fourth quarter. Corient Private Wealth LLC now owns 34,849,543 shares of the company’s stock valued at $2,177,051,000 after acquiring an additional 10,449,040 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.1%

Shares of VEA traded down $0.04 during trading hours on Tuesday, reaching $69.92. 3,510,529 shares of the company traded hands, compared to its average volume of 14,071,235. The stock has a market capitalization of $229.24 billion, a PE ratio of 16.34 and a beta of 0.84. The stock has a fifty day simple moving average of $72.22 and a 200 day simple moving average of $70.45. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $58.88 and a fifty-two week high of $74.04.

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.