Vanguard FTSE Developed Markets ETF $VEA is Wallington Asset Management LLC’s Largest Position

Wallington Asset Management LLC lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,253,147 shares of the company’s stock after selling 14,992 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 10.7% of Wallington Asset Management LLC’s portfolio, making the stock its largest position. Wallington Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $80,302,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Buck Wealth Strategies LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 16.3% in the fourth quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock valued at $22,774,000 after purchasing an additional 51,187 shares during the last quarter. Chesley Taft & Associates LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 13.9% during the 4th quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock valued at $20,687,000 after buying an additional 40,482 shares during the last quarter. Green Ridge Wealth Planning LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at approximately $15,031,000. Root Financial Partners LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 27.1% during the fourth quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock worth $6,079,000 after buying an additional 20,769 shares in the last quarter. Finally, Verus Advisory Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $9,561,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $70.56 on Monday. Vanguard FTSE Developed Markets ETF has a 12-month low of $55.68 and a 12-month high of $73.23. The stock has a market capitalization of $226.30 billion, a PE ratio of 16.34 and a beta of 0.83. The firm’s fifty day moving average price is $70.28 and its 200 day moving average price is $67.13.

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.