Vanguard FTSE Developed Markets ETF $VEA Stake Lowered by Fiduciary Advisors Inc.

Fiduciary Advisors Inc. reduced its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,559 shares of the company’s stock after selling 9,888 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 5.5% of Fiduciary Advisors Inc.’s investment portfolio, making the stock its 6th largest holding. Fiduciary Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,804,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in VEA. Corient Private Wealth LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 122.9% in the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after purchasing an additional 22,700,179 shares in the last quarter. Gallagher Fiduciary Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 5,002.6% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 11,901,177 shares of the company’s stock valued at $678,486,000 after purchasing an additional 11,667,939 shares in the last quarter. Bank of America Corp DE increased its holdings in Vanguard FTSE Developed Markets ETF by 3.0% during the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock valued at $11,091,024,000 after buying an additional 5,747,233 shares during the period. Captrust Financial Advisors raised its stake in Vanguard FTSE Developed Markets ETF by 20.9% in the second quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock worth $1,425,044,000 after buying an additional 4,314,597 shares in the last quarter. Finally, Jasper Ridge Partners L.P. lifted its holdings in Vanguard FTSE Developed Markets ETF by 37.2% during the second quarter. Jasper Ridge Partners L.P. now owns 15,306,034 shares of the company’s stock worth $872,597,000 after buying an additional 4,147,937 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.5%

Shares of NYSEARCA VEA opened at $62.13 on Tuesday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $63.08. The stock’s fifty day simple moving average is $61.24 and its two-hundred day simple moving average is $59.20. The stock has a market capitalization of $185.12 billion, a PE ratio of 16.34 and a beta of 0.87.

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.