Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Holdings Decreased by Pioneer Wealth Management Group

Pioneer Wealth Management Group decreased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 16.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,458 shares of the company’s stock after selling 1,700 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 0.2% of Pioneer Wealth Management Group’s holdings, making the stock its 29th biggest position. Pioneer Wealth Management Group’s holdings in Vanguard FTSE Developed Markets ETF were worth $424,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Wetzel Investment Advisors Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $26,000. Versant Capital Management Inc acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $29,000. First Command Advisory Services Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 81.3% during the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock valued at $33,000 after purchasing an additional 309 shares during the last quarter. Investment Research & Advisory Group Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 273.9% during the fourth quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after purchasing an additional 515 shares during the last quarter. Finally, Orion Capital Management LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the third quarter valued at $40,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA traded down $0.33 during trading on Friday, reaching $49.09. 7,805,539 shares of the stock traded hands, compared to its average volume of 10,653,452. The stock has a market cap of $128.62 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $51.28. The stock’s 50-day simple moving average is $49.85 and its two-hundred day simple moving average is $48.78.

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.