Hobart Private Capital LLC Trims Holdings in Vanguard FTSE Developed Markets ETF $VEA

Hobart Private Capital LLC trimmed its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 119,693 shares of the company’s stock after selling 10,295 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 1.5% of Hobart Private Capital LLC’s holdings, making the stock its 22nd largest position. Hobart Private Capital LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,824,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of VEA. Envestnet Asset Management Inc. grew its holdings 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 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. grew its holdings in Vanguard FTSE Developed Markets ETF by 3.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after purchasing an additional 1,840,640 shares during the period. Northern Trust Corp grew its holdings in Vanguard FTSE Developed Markets ETF by 3.5% in the first quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock valued at $2,165,353,000 after purchasing an additional 1,425,051 shares during the period. Finally, Wealthspire Advisors LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 110.7% in the first quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after purchasing an additional 11,830,891 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

Shares of VEA opened at $61.22 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $61.32. The stock’s 50 day moving average is $59.76 and its two-hundred day moving average is $56.71. The firm has a market cap of $182.41 billion, a P/E ratio of 16.34 and a beta of 0.89.

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.