Vanguard FTSE Developed Markets ETF $VEA Stock Holdings Cut by Martel Wealth Advisors LLC

Martel Wealth Advisors LLC cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 152,127 shares of the company’s stock after selling 10,563 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 1.7% of Martel Wealth Advisors LLC’s portfolio, making the stock its 10th largest holding. Martel Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $10,742,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VEA. Envestnet Asset Management Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock worth $6,277,926,000 after purchasing an additional 2,039,805 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 4.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after buying an additional 2,675,380 shares in the last quarter. Auto Owners Insurance Co lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% during the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after buying an additional 72,590,763 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 11.9% during the 1st quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after buying an additional 5,041,973 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 42.8% in the 4th quarter. Corient Private Wealth LLC now owns 34,849,543 shares of the company’s stock worth $2,177,051,000 after buying an additional 10,449,040 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 1.1%

VEA opened at $69.30 on Thursday. The company has a 50 day moving average of $72.12 and a 200 day moving average of $70.54. The company has a market cap of $227.22 billion, a PE ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a 12 month low of $58.88 and a 12 month high of $74.04.

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.