Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Financial Insights Inc.

Financial Insights Inc. reduced its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,242 shares of the company’s stock after selling 3,286 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 1.8% of Financial Insights Inc.’s portfolio, making the stock its 13th biggest holding. Financial Insights Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,860,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its position in Vanguard FTSE Developed Markets ETF by 0.7% during the first quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock worth $5,019,357,000 after acquiring an additional 660,028 shares during the period. Wealthfront Advisers LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the first quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock valued at $3,068,678,000 after purchasing an additional 1,778,345 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard FTSE Developed Markets ETF by 3.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock worth $3,030,902,000 after buying an additional 1,840,640 shares during the period. WealthNavi Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 0.7% during the first quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock worth $2,530,802,000 after buying an additional 362,543 shares during the period. Finally, Northern Trust Corp lifted its position in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the first quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock worth $2,165,353,000 after purchasing an additional 1,425,051 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $61.06 on Friday. The stock has a market capitalization of $179.48 billion, a PE ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $61.15. The company’s 50-day simple moving average is $58.84 and its 200-day simple moving average is $55.69.

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.