Vanguard FTSE Developed Markets ETF $VEA Stock: Csenge Advisory Group Cuts Holdings

Csenge Advisory Group trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 25.5% during the third quarter, HoldingsChannel reports. The fund owned 78,863 shares of the company’s stock after selling 27,051 shares during the quarter. Csenge Advisory Group’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,569,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in 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 worth $3,031,844,000 after acquiring an additional 5,041,973 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard FTSE Developed Markets ETF by 4.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after purchasing an additional 2,675,380 shares during the period. Envestnet Asset Management Inc. raised its position in shares of 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 purchasing an additional 2,039,805 shares during the period. Facet Wealth Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 11.2% during the second quarter. Facet Wealth Inc. now owns 15,511,173 shares of the company’s stock worth $1,105,171,000 after purchasing an additional 1,558,357 shares during the period. Finally, Baird Financial Group Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.5% in the 2nd quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock worth $1,600,373,000 after purchasing an additional 977,255 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.8%

NYSEARCA VEA opened at $69.36 on Wednesday. The company has a fifty day simple moving average of $70.76 and a 200 day simple moving average of $69.61. Vanguard FTSE Developed Markets ETF has a 12-month low of $58.88 and a 12-month high of $74.04. The company has a market cap of $228.99 billion, a P/E ratio of 16.34 and a beta of 0.85.

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.