Vanguard FTSE Developed Markets ETF $VEA Stake Lowered by Fairman Group LLC

Fairman Group LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 115,379 shares of the company’s stock after selling 728 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 5.4% of Fairman Group LLC’s investment portfolio, making the stock its 4th biggest holding. Fairman Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,578,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of VEA. Brighton Jones LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after purchasing an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 47.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares during the period. GAMMA Investing LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 43.4% during the 1st quarter. GAMMA Investing LLC now owns 29,010 shares of the company’s stock worth $1,475,000 after purchasing an additional 8,780 shares during the period. Cyndeo Wealth Partners LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 47.8% during the 1st quarter. Cyndeo Wealth Partners LLC now owns 38,317 shares of the company’s stock worth $1,948,000 after purchasing an additional 12,390 shares during the period. Finally, Breakwater Investment Management increased its stake in Vanguard FTSE Developed Markets ETF by 2.5% in the first quarter. Breakwater Investment Management now owns 19,899 shares of the company’s stock valued at $1,011,000 after acquiring an additional 486 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.3%

NYSEARCA VEA opened at $59.98 on Wednesday. The stock has a market cap of $178.71 billion, a P/E ratio of 16.34 and a beta of 0.89. The company’s 50-day simple moving average is $59.34 and its 200 day simple moving average is $56.10. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $61.32.

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.