Prime Capital Investment Advisors LLC Lowers Stake in Vanguard FTSE Developed Markets ETF $VEA

Prime Capital Investment Advisors LLC cut its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 42.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 89,732 shares of the company’s stock after selling 65,775 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,116,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. raised 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 valued at $5,019,357,000 after acquiring an additional 660,028 shares during the period. Wealthfront Advisers LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.0% during the first 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. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard FTSE Developed Markets ETF by 3.2% during the 1st 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 lifted its holdings in Vanguard FTSE Developed Markets ETF by 3.5% in the 1st quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock worth $2,165,353,000 after purchasing an additional 1,425,051 shares in the last quarter. Finally, Wealthspire Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 110.7% in the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock worth $1,144,426,000 after purchasing an additional 11,830,891 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $61.18 on Tuesday. The firm has a market cap of $179.83 billion, a P/E 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 $61.32. The company has a 50 day simple moving average of $58.92 and a two-hundred day simple moving average of $55.78.

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.