Foster Victor Wealth Advisors LLC Trims Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Foster Victor Wealth Advisors LLC reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,980 shares of the company’s stock after selling 2,484 shares during the quarter. Foster Victor Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $691,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of America Corp DE lifted its position in shares of Vanguard FTSE Developed Markets ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after acquiring an additional 10,807,527 shares in the last quarter. Betterment LLC lifted its position in Vanguard FTSE Developed Markets ETF by 8.0% during the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock worth $6,574,541,000 after buying an additional 10,132,168 shares during the period. Envestnet Asset Management Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock worth $4,690,563,000 after buying an additional 1,599,089 shares during the period. Wells Fargo & Company MN lifted its position in Vanguard FTSE Developed Markets ETF by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock worth $3,120,675,000 after buying an additional 2,488,154 shares during the period. Finally, WealthNavi Inc. lifted its position 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.

Vanguard FTSE Developed Markets ETF Trading Down 1.2%

NYSEARCA VEA opened at $56.17 on Friday. The business’s 50-day moving average price is $53.40 and its 200 day moving average price is $51.23. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $56.90. The company has a market capitalization of $160.08 billion, a PE ratio of 16.52 and a beta of 0.87.

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.