Abacus Planning Group Inc. Lowers Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Abacus Planning Group Inc. cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 540,549 shares of the company’s stock after selling 14,433 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 4.5% of Abacus Planning Group Inc.’s holdings, making the stock its 6th largest holding. Abacus Planning Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $33,768,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its stake in Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after purchasing an additional 39,653 shares in the last quarter. Capstone Wealth Management Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $209,000. Russell Investments Group Ltd. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 489.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 80,563 shares of the company’s stock worth $4,593,000 after purchasing an additional 66,893 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $48,000.

Vanguard FTSE Developed Markets ETF Stock Up 1.7%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $65.14 on Thursday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $70.55. The stock has a market capitalization of $201.78 billion, a P/E ratio of 16.34 and a beta of 0.87. The company has a 50-day simple moving average of $66.45 and a 200 day simple moving average of $63.29.

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.