Wealthfront Advisers LLC Sells 998,618 Shares of Vanguard FTSE Developed Markets ETF $VEA

Wealthfront Advisers LLC decreased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,686,964 shares of the company’s stock after selling 998,618 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 8.1% of Wealthfront Advisers LLC’s holdings, making the stock its 2nd biggest holding. Wealthfront Advisers LLC owned about 1.80% of Vanguard FTSE Developed Markets ETF worth $3,696,581,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after purchasing an additional 253 shares in the last quarter. Strategic Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $35,000. Quaker Wealth Management LLC lifted its holdings in 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 worth $39,000 after buying an additional 611 shares in the last quarter. Tidemark LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 80.9% during the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after buying an additional 279 shares in the last quarter. Finally, Strategic Advocates LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 66.1% during the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after buying an additional 248 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.3%

Shares of VEA opened at $70.82 on Thursday. Vanguard FTSE Developed Markets ETF has a 12-month low of $55.68 and a 12-month high of $73.23. The firm has a market capitalization of $229.45 billion, a PE ratio of 16.34 and a beta of 0.83. The stock’s fifty day simple moving average is $70.85 and its 200-day simple moving average is $67.89.

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.