Vanguard FTSE Developed Markets ETF $VEA Stock: Northern Lights Advisors Inc. Cuts Position

Northern Lights Advisors Inc. lessened its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 375,566 shares of the company’s stock after selling 7,673 shares during the period. Vanguard FTSE Developed Markets ETF makes up 13.8% of Northern Lights Advisors Inc.’s investment portfolio, making the stock its largest holding. Northern Lights Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $26,519,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 2.4% during the second quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock worth $6,277,926,000 after acquiring an additional 2,039,805 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard FTSE Developed Markets ETF by 4.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after purchasing an additional 2,675,380 shares in the last quarter. Royal Bank of Canada lifted its position in Vanguard FTSE Developed Markets ETF by 11.9% in the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after purchasing an additional 5,041,973 shares during the period. Baird Financial Group Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 4.5% in the second quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock valued at $1,600,373,000 after purchasing an additional 977,255 shares during the period. Finally, Facet Wealth Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 11.2% in the second quarter. Facet Wealth Inc. now owns 15,511,173 shares of the company’s stock valued at $1,105,171,000 after purchasing an additional 1,558,357 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 1.2%

Shares of VEA opened at $69.26 on Friday. Vanguard FTSE Developed Markets ETF has a twelve month low of $58.88 and a twelve month high of $74.04. The stock’s 50 day moving average is $71.73 and its two-hundred day moving average is $70.79. The firm has a market capitalization of $227.09 billion, a PE ratio of 16.34 and a beta of 0.84.

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.