West Financial Advisors LLC Has $68.81 Million Position in Vanguard FTSE Developed Markets ETF $VEA

West Financial Advisors LLC reduced its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,101,503 shares of the company’s stock after selling 23,626 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 11.6% of West Financial Advisors LLC’s portfolio, making the stock its 2nd largest position. West Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $68,811,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock valued at $11,091,024,000 after purchasing an additional 5,747,233 shares during the period. Betterment LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 2.5% during the 3rd quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock valued at $8,235,869,000 after purchasing an additional 3,364,345 shares in the last quarter. Wealthfront Advisers LLC grew its stake in Vanguard FTSE Developed Markets ETF by 3.1% during the third quarter. Wealthfront Advisers LLC now owns 58,309,968 shares of the company’s stock worth $3,493,933,000 after purchasing an additional 1,755,210 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock worth $3,483,057,000 after buying an additional 3,076,786 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock worth $3,049,419,000 after buying an additional 1,794,331 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 2.3%

NYSEARCA:VEA opened at $62.48 on Friday. The company has a fifty day moving average of $66.58 and a 200-day moving average of $63.16. The firm has a market capitalization of $193.54 billion, a P/E ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $70.55.

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.