Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Stake Reduced by Drive Wealth Management LLC

Drive Wealth Management LLC reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 346,117 shares of the company’s stock after selling 36,877 shares during the period. Vanguard FTSE Developed Markets ETF comprises 4.1% of Drive Wealth Management LLC’s investment portfolio, making the stock its 4th largest position. Drive Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $16,551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Kozak & Associates Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after buying an additional 410 shares during the period. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $29,000. Lummis Asset Management LP purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter valued at approximately $34,000. Atwood & Palmer Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $42,000. Finally, West Branch Capital LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 328.2% during the third quarter. West Branch Capital LLC now owns 835 shares of the company’s stock valued at $44,000 after buying an additional 640 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.6 %

Shares of VEA stock opened at $50.02 on Monday. The stock has a market cap of $131.05 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The business’s fifty day moving average is $49.03 and its 200 day moving average is $50.28. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.72 and a twelve month high of $53.40.

Vanguard FTSE Developed Markets ETF Company 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.