DWR Wealth Management LLC Trims Position in Vanguard FTSE Developed Markets ETF $VEA

DWR Wealth Management LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 133,148 shares of the company’s stock after selling 7,867 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 7.1% of DWR Wealth Management LLC’s holdings, making the stock its 4th largest position. DWR Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,443,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Strategic Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $35,000. Quaker Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after buying an additional 611 shares in the last quarter. Tidemark LLC raised its stake in Vanguard FTSE Developed Markets ETF by 80.9% during the fourth quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after buying an additional 279 shares in the last quarter. Strategic Advocates LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 66.1% during the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after buying an additional 248 shares during the last quarter. Finally, Cornerstone Financial Management LLC bought a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $39,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.3%

Shares of VEA opened at $72.12 on Friday. The firm has a market cap of $233.66 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The stock has a 50 day moving average of $70.87 and a 200-day moving average of $68.64. Vanguard FTSE Developed Markets ETF has a 52 week low of $57.48 and a 52 week high of $73.23.

Vanguard FTSE Developed Markets ETF Company 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.