Assetmark Inc. Reduces Stake in Vanguard FTSE Developed Markets ETF $VEA

Assetmark Inc. lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,429,480 shares of the company’s stock after selling 193,609 shares during the period. Assetmark Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $325,334,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC boosted its position in Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after acquiring an additional 39,653 shares in the last quarter. Capstone Wealth Management Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $209,000. TD Asset Management Inc boosted its stake in Vanguard FTSE Developed Markets ETF by 12.8% during the 2nd quarter. TD Asset Management Inc now owns 1,052,664 shares of the company’s stock worth $60,012,000 after purchasing an additional 119,460 shares during the last quarter. Finally, Davidson Investment Advisors acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $214,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $68.50 on Friday. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $69.40. The firm has a market capitalization of $212.19 billion, a PE ratio of 16.34 and a beta of 0.87. The business has a 50 day simple moving average of $64.46 and a 200-day simple moving average of $61.40.

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.