Beacon Financial Advisory LLC Decreases Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Beacon Financial Advisory LLC lowered its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,336 shares of the company’s stock after selling 702 shares during the period. Beacon Financial Advisory LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $589,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VEA. Alta Wealth Advisors LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 20.6% in the 2nd quarter. Alta Wealth Advisors LLC now owns 5,691 shares of the company’s stock valued at $324,000 after acquiring an additional 972 shares during the last quarter. Gemmer Asset Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the second quarter. Gemmer Asset Management LLC now owns 787,430 shares of the company’s stock valued at $44,891,000 after purchasing an additional 12,797 shares during the last quarter. Iron Horse Wealth Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 1.4% in the second quarter. Iron Horse Wealth Management LLC now owns 405,739 shares of the company’s stock valued at $23,131,000 after purchasing an additional 5,576 shares during the last quarter. OLD National Bancorp IN raised its holdings in Vanguard FTSE Developed Markets ETF by 21.0% during the second quarter. OLD National Bancorp IN now owns 1,749,308 shares of the company’s stock worth $99,728,000 after purchasing an additional 304,149 shares in the last quarter. Finally, Highland Capital Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.3% during the 2nd quarter. Highland Capital Management LLC now owns 82,589 shares of the company’s stock worth $4,708,000 after buying an additional 255 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.9%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $61.06 on Monday. The company has a fifty day simple moving average of $58.84 and a 200-day simple moving average of $55.72. The stock has a market cap of $179.48 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $61.15.

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.