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

BCGM Wealth Management LLC reduced its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 32.2% during the fourth quarter, Holdings Channel reports. The firm owned 67,475 shares of the company’s stock after selling 32,007 shares during the period. Vanguard FTSE Developed Markets ETF makes up 1.1% of BCGM Wealth Management LLC’s holdings, making the stock its 28th largest holding. BCGM Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,215,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Etesian Wealth Advisors Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 6.3% during the third quarter. Etesian Wealth Advisors Inc. now owns 222,561 shares of the company’s stock worth $13,336,000 after acquiring an additional 13,158 shares during the period. Warner Financial Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 5.5% during the third quarter. Warner Financial Inc. now owns 292,561 shares of the company’s stock worth $17,530,000 after purchasing an additional 15,376 shares during the period. Noble Family Wealth LLC grew its stake in Vanguard FTSE Developed Markets ETF by 8.9% in the 3rd quarter. Noble Family Wealth LLC now owns 639,448 shares of the company’s stock valued at $38,316,000 after buying an additional 52,052 shares in the last quarter. Eastern Bank grew its stake in Vanguard FTSE Developed Markets ETF by 6.1% in the 3rd quarter. Eastern Bank now owns 2,345,531 shares of the company’s stock worth $140,544,000 after buying an additional 133,977 shares in the last quarter. Finally, Essential Planning LLC. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 53.7% during the 3rd quarter. Essential Planning LLC. now owns 43,878 shares of the company’s stock worth $2,629,000 after acquiring an additional 15,329 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 3.3%

Shares of NYSEARCA VEA opened at $62.04 on Friday. The stock has a market cap of $192.18 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 $70.55. The stock’s 50-day moving average is $66.70 and its 200 day moving average is $63.03.

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.