Bragg Financial Advisors Inc Sells 4,524 Shares of Vanguard FTSE Developed Markets ETF $VEA

Bragg Financial Advisors Inc lowered its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 13.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,149 shares of the company’s stock after selling 4,524 shares during the period. Bragg Financial Advisors Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,431,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE increased its position in Vanguard FTSE Developed Markets ETF by 6.6% during the 4th quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock worth $8,387,299,000 after purchasing an additional 10,807,527 shares in the last quarter. Betterment LLC increased its position in Vanguard FTSE Developed Markets ETF by 8.0% during the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock worth $6,574,541,000 after purchasing an additional 10,132,168 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard FTSE Developed Markets ETF by 0.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock worth $5,019,357,000 after purchasing an additional 660,028 shares in the last quarter. Wealthfront Advisers LLC increased its position in Vanguard FTSE Developed Markets ETF by 3.0% during the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock worth $3,068,678,000 after purchasing an additional 1,778,345 shares in the last quarter. Finally, WealthNavi Inc. increased its position in Vanguard FTSE Developed Markets ETF by 0.7% during the 1st quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock worth $2,530,802,000 after purchasing an additional 362,543 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $58.61 on Friday. The company has a 50 day simple moving average of $57.12 and a 200 day simple moving average of $53.94. The stock has a market cap of $168.39 billion, a price-to-earnings 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 $59.02.

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.