Vanguard FTSE Developed Markets ETF $VEA is Perkins Coie Trust Co’s 2nd Largest Position

Perkins Coie Trust Co cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.2% in the second quarter, HoldingsChannel reports. The firm owned 738,394 shares of the company’s stock after selling 32,162 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 8.7% of Perkins Coie Trust Co’s holdings, making the stock its 2nd biggest holding. Perkins Coie Trust Co’s holdings in Vanguard FTSE Developed Markets ETF were worth $52,611,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in VEA. Buck Wealth Strategies LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 16.3% during the fourth quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock worth $22,774,000 after buying an additional 51,187 shares in the last quarter. Green Ridge Wealth Planning LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $15,031,000. Root Financial Partners LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 27.1% in the fourth quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock valued at $6,079,000 after buying an additional 20,769 shares in the last quarter. Verus Advisory Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $9,561,000. Finally, Amara Financial LLC. raised its position in shares of Vanguard FTSE Developed Markets ETF by 15.7% in the fourth quarter. Amara Financial LLC. now owns 336,393 shares of the company’s stock worth $21,014,000 after acquiring an additional 45,737 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.5%

VEA stock opened at $72.50 on Tuesday. The company’s 50-day simple moving average is $70.90 and its 200-day simple moving average is $68.75. Vanguard FTSE Developed Markets ETF has a 52-week low of $57.72 and a 52-week high of $73.23. The firm has a market cap of $234.89 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.