GK Wealth Management LLC Lowers Position in Vanguard FTSE Developed Markets ETF $VEA

GK Wealth Management LLC trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 91.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,220 shares of the company’s stock after selling 128,795 shares during the period. GK Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $871,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. JDM Financial Group LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 0.3% during the first quarter. JDM Financial Group LLC now owns 53,935 shares of the company’s stock valued at $3,456,000 after buying an additional 148 shares during the period. Cherry Creek Investment Advisors Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 1.6% during the first quarter. Cherry Creek Investment Advisors Inc. now owns 9,836 shares of the company’s stock valued at $630,000 after acquiring an additional 151 shares during the last quarter. Mascagni Wealth Management Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 2.1% in the 4th quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock worth $452,000 after purchasing an additional 152 shares in the last quarter. Ironwood Investment Counsel LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 0.4% in the first quarter. Ironwood Investment Counsel LLC now owns 39,675 shares of the company’s stock worth $2,542,000 after acquiring an additional 153 shares in the last quarter. Finally, River Wealth Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock worth $759,000 after purchasing an additional 161 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 1.7%

NYSEARCA:VEA opened at $72.22 on Wednesday. The firm has a fifty day simple moving average of $70.84 and a 200-day simple moving average of $68.54. Vanguard FTSE Developed Markets ETF has a 12 month low of $56.69 and a 12 month high of $73.23. The company has a market capitalization of $233.99 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.