Mayflower Financial Advisors LLC Has $5.66 Million Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Mayflower Financial Advisors LLC reduced its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.2% in the second quarter, Holdings Channel reports. The institutional investor owned 99,218 shares of the company’s stock after selling 4,346 shares during the period. Vanguard FTSE Developed Markets ETF makes up 0.8% of Mayflower Financial Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Mayflower Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,655,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. von Borstel & Associates Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. Financial Network Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. Financial Gravity Asset Management Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth about $28,000. Nemes Rush Group LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 236.5% during the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after purchasing an additional 402 shares during the last quarter. Finally, IFS Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the second quarter worth about $35,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $61.66 on Wednesday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.80. The stock has a market cap of $183.72 billion, a PE ratio of 16.34 and a beta of 0.87. The firm’s 50-day simple moving average is $59.88 and its 200 day simple moving average is $57.02.

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.