Vanguard FTSE Developed Markets ETF $VEA Shares Sold by TPG Financial Advisors LLC

TPG Financial Advisors LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 12.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 60,106 shares of the company’s stock after selling 8,257 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 1.4% of TPG Financial Advisors LLC’s portfolio, making the stock its 26th largest position. TPG Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,427,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Kessler Investment Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $26,000. von Borstel & Associates Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $26,000. Financial Network Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $26,000. Financial Gravity Asset Management Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $28,000. Finally, Nemes Rush Group LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 236.5% in the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after acquiring an additional 402 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $60.65 on Wednesday. The stock has a fifty day moving average of $58.99 and a two-hundred day moving average of $55.81. The company has a market capitalization of $178.27 billion, a PE ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.32.

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.