Strategic Financial Planning Inc. Sells 1,750 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Strategic Financial Planning Inc. trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,930 shares of the company’s stock after selling 1,750 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 1.6% of Strategic Financial Planning Inc.’s investment portfolio, making the stock its 17th largest holding. Strategic Financial Planning Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,798,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Kalos Management Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $25,000. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $25,000. Pacific Center for Financial Services purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $25,000. Sunbelt Securities Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $29,000. Finally, Hoese & Co LLP purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $32,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA traded down $0.12 during trading on Tuesday, hitting $45.58. 2,437,045 shares of the company’s stock traded hands, compared to its average volume of 10,272,822. The stock has a market capitalization of $112.13 billion, a price-to-earnings ratio of 11.40 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $47.81. The business has a 50 day moving average of $43.73 and a 200-day moving average of $45.24.

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.