Phillips Financial Management LLC lowered its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 27.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 14,099 shares of the company’s stock after selling 5,298 shares during the period. Phillips Financial Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $804,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Kessler Investment Group LLC bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at about $26,000. von Borstel & Associates Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at about $26,000. Financial Network Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at about $26,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $28,000. Finally, Nemes Rush Group LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 236.5% in the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after purchasing an additional 402 shares during the period.
Vanguard FTSE Developed Markets ETF Stock Down 0.9%
NYSEARCA:VEA opened at $60.69 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.32. The firm has a market capitalization of $180.83 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The stock has a fifty day simple moving average of $59.63 and a 200 day simple moving average of $56.47.
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.
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