Vanguard FTSE Developed Markets ETF $VEA Stake Trimmed by Founders Grove Wealth Partners LLC

Founders Grove Wealth Partners LLC lessened its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 560,740 shares of the company’s stock after selling 12,767 shares during the period. Vanguard FTSE Developed Markets ETF comprises 7.9% of Founders Grove Wealth Partners LLC’s investment portfolio, making the stock its largest holding. Founders Grove Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $33,600,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. IFS Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $35,000. Armstrong Advisory Group Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 210.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock valued at $47,000 after purchasing an additional 563 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $48,000. Kilter Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $49,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $52,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.2%

NYSEARCA:VEA opened at $62.81 on Friday. The business’s fifty day moving average price is $61.42 and its 200 day moving average price is $59.36. The firm has a market capitalization of $187.15 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $63.08.

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.