Vanguard FTSE Developed Markets ETF $VEA Position Trimmed by Portfolio Resources Advisor Group Inc.

Portfolio Resources Advisor Group Inc. decreased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 38.9% in the third quarter, Holdings Channel.com reports. The firm owned 13,948 shares of the company’s stock after selling 8,872 shares during the period. Vanguard FTSE Developed Markets ETF comprises 0.8% of Portfolio Resources Advisor Group Inc.’s portfolio, making the stock its 26th largest holding. Portfolio Resources Advisor Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $985,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VEA. Envestnet Asset Management Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock worth $6,277,926,000 after purchasing an additional 2,039,805 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Vanguard FTSE Developed Markets ETF by 4.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after buying an additional 2,675,380 shares in the last quarter. Royal Bank of Canada increased its position in Vanguard FTSE Developed Markets ETF by 11.9% during the 1st quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after buying an additional 5,041,973 shares in the last quarter. Baird Financial Group Inc. increased its position in Vanguard FTSE Developed Markets ETF by 4.5% during the 2nd quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock valued at $1,600,373,000 after buying an additional 977,255 shares in the last quarter. Finally, Facet Wealth Inc. increased its position in Vanguard FTSE Developed Markets ETF by 11.2% during the 2nd quarter. Facet Wealth Inc. now owns 15,511,173 shares of the company’s stock valued at $1,105,171,000 after buying an additional 1,558,357 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.6%

Shares of NYSEARCA:VEA opened at $69.78 on Wednesday. The stock has a fifty day simple moving average of $71.88 and a two-hundred day simple moving average of $70.72. The stock has a market capitalization of $228.80 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a 12-month low of $58.88 and a 12-month high of $74.04.

About Vanguard FTSE Developed Markets ETF

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.