Matrix Trust Co Reduces Position in Vanguard FTSE Developed Markets ETF $VEA

Matrix Trust Co trimmed its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 725,272 shares of the company’s stock after selling 55,013 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 6.8% of Matrix Trust Co’s holdings, making the stock its 3rd largest position. Matrix Trust Co’s holdings in Vanguard FTSE Developed Markets ETF were worth $43,458,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VEA. Bank of America Corp DE lifted its position in Vanguard FTSE Developed Markets ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after acquiring an additional 5,747,233 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock valued at $5,684,072,000 after purchasing an additional 958,633 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 122.9% in the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after purchasing an additional 22,700,179 shares during the period. Captrust Financial Advisors lifted its position in shares of Vanguard FTSE Developed Markets ETF by 20.9% during the 2nd quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock worth $1,425,044,000 after purchasing an additional 4,314,597 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 1.2% during the 2nd quarter. Wealthspire Advisors LLC now owns 22,786,946 shares of the company’s stock valued at $1,299,084,000 after purchasing an additional 272,166 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.5%

VEA opened at $62.13 on Tuesday. The stock’s 50 day moving average price is $61.24 and its two-hundred day moving average price is $59.20. The firm has a market capitalization of $185.12 billion, a P/E ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $63.08.

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.