Vanguard FTSE Developed Markets ETF $VEA Stock Position Cut by Copperwynd Financial LLC

Copperwynd Financial LLC lessened its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 17.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 382,216 shares of the company’s stock after selling 83,442 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 5.4% of Copperwynd Financial LLC’s investment portfolio, making the stock its 5th biggest holding. Copperwynd Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $21,790,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kessler Investment Group LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at about $26,000. von Borstel & Associates Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at about $26,000. Financial Network Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at about $26,000. Financial Gravity Asset Management Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at about $28,000. Finally, Nemes Rush Group LLC grew its stake in Vanguard FTSE Developed Markets ETF by 236.5% in the first 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 last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $60.84 on Thursday. The company has a market cap of $181.28 billion, a PE ratio of 16.34 and a beta of 0.89. The business has a 50-day simple moving average of $59.07 and a two-hundred day simple moving average of $55.85. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.32.

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.