VestGen Investment Management Has $2.28 Million Stake in Vanguard FTSE Developed Markets ETF $VEA

VestGen Investment Management trimmed its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 24.5% during the second quarter, HoldingsChannel.com reports. The firm owned 32,024 shares of the company’s stock after selling 10,386 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 1.2% of VestGen Investment Management’s investment portfolio, making the stock its 16th biggest holding. VestGen Investment Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,282,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Strategic Wealth Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at approximately $35,000. First Community Trust NA bought a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at approximately $37,000. Quaker Wealth Management LLC boosted its position in Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after acquiring an additional 611 shares during the last quarter. Tidemark LLC boosted its position in Vanguard FTSE Developed Markets ETF by 80.9% during the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after acquiring an additional 279 shares during the last quarter. Finally, Strategic Advocates LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 66.1% during the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after acquiring an additional 248 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.8%

NYSEARCA VEA opened at $72.39 on Wednesday. Vanguard FTSE Developed Markets ETF has a 12-month low of $57.81 and a 12-month high of $74.04. The company has a market capitalization of $234.54 billion, a PE ratio of 16.34 and a beta of 0.83. The firm’s 50 day moving average is $71.19 and its 200-day moving average is $69.05.

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.