Cornerstone Planning Group LLC Lowers Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Cornerstone Planning Group LLC cut its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.9% in the first quarter, Holdings Channel.com reports. The fund owned 218,756 shares of the company’s stock after selling 13,717 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 2.1% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 13th biggest position. Cornerstone Planning Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $15,090,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VEA. Brighton Jones LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC grew its stake 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 valued at $5,905,000 after buying an additional 39,653 shares in the last quarter. Capstone Wealth Management Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $209,000. Squarepoint Ops LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $7,001,000. Finally, Glenview Trust co raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after buying an additional 297 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.5%

VEA opened at $69.70 on Friday. The stock’s 50-day moving average price is $70.84 and its 200 day moving average price is $67.95. Vanguard FTSE Developed Markets ETF has a 12-month low of $55.68 and a 12-month high of $73.23. The firm has a market cap of $225.82 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

Vanguard FTSE Developed Markets ETF Company 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.