Rappaport Reiches Capital Management LLC Has $2.67 Million Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Rappaport Reiches Capital Management LLC lessened its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 50,597 shares of the company’s stock after selling 5,608 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 0.7% of Rappaport Reiches Capital Management LLC’s holdings, making the stock its 20th largest holding. Rappaport Reiches Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,672,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VEA. Creative Planning raised its stake in shares of Vanguard FTSE Developed Markets ETF by 4.9% in the 2nd quarter. Creative Planning now owns 139,777,262 shares of the company’s stock valued at $6,907,792,000 after purchasing an additional 6,565,775 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard FTSE Developed Markets ETF by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock worth $2,518,573,000 after acquiring an additional 2,402,484 shares in the last quarter. LPL Financial LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 4.3% during the second quarter. LPL Financial LLC now owns 21,328,841 shares of the company’s stock worth $1,054,071,000 after acquiring an additional 881,611 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in Vanguard FTSE Developed Markets ETF by 10.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock worth $948,309,000 after acquiring an additional 1,860,937 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 4.8% during the first quarter. Vanguard Group Inc. now owns 17,314,776 shares of the company’s stock worth $868,682,000 after acquiring an additional 795,987 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $51.73 on Friday. Vanguard FTSE Developed Markets ETF has a 52-week low of $41.48 and a 52-week high of $53.40. The firm has a market capitalization of $135.53 billion, a PE ratio of 13.32 and a beta of 0.88. The business’s 50-day simple moving average is $51.26 and its 200 day simple moving average is $50.41.

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.