Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Topel & Distasi Wealth Management LLC

Topel & Distasi Wealth Management LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 94,469 shares of the company’s stock after selling 5,391 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 2.8% of Topel & Distasi Wealth Management LLC’s portfolio, making the stock its 10th largest position. Topel & Distasi Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,386,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Financial Network Wealth Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $26,000. Nemes Rush Group LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after buying an additional 402 shares during the last quarter. IFS Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth $35,000. Armstrong Advisory Group Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 210.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock worth $47,000 after buying an additional 563 shares during the period. Finally, Mid American Wealth Advisory Group Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at $52,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

VEA stock opened at $60.61 on Monday. The company has a market cap of $180.59 billion, a PE ratio of 16.34 and a beta of 0.87. The stock has a 50-day moving average price of $60.18 and a two-hundred day moving average price of $57.65. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $61.80.

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.