Vanguard FTSE Developed Markets ETF $VEA is JMG Financial Group Ltd.’s 3rd Largest Position

JMG Financial Group Ltd. lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 6,226,335 shares of the company’s stock after selling 54,942 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 10.6% of JMG Financial Group Ltd.’s holdings, making the stock its 3rd largest position. JMG Financial Group Ltd.’s holdings in Vanguard FTSE Developed Markets ETF were worth $373,082,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 79.2% during the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after purchasing an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth about $209,000. Hantz Financial Services Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $83,000. Finally, EPG Wealth Management LLC bought a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $201,000.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $66.61 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $70.55. The business has a 50 day simple moving average of $66.23 and a two-hundred day simple moving average of $62.52. The stock has a market capitalization of $206.33 billion, a PE ratio of 16.34 and a beta of 0.87.

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.