Foster & Motley Inc. Lowers Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Foster & Motley Inc. lessened its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,102 shares of the company’s stock after selling 258 shares during the period. Foster & Motley Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $234,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VEA. TFO Wealth Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth $222,710,000. Arkadios Wealth Advisors increased its stake in shares of Vanguard FTSE Developed Markets ETF by 289.9% during the first quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock worth $4,729,000 after acquiring an additional 69,173 shares during the period. Fiduciary Alliance LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 3.5% during the second quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock worth $498,000 after purchasing an additional 292 shares in the last quarter. Twelve Points Wealth Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 2.7% in the second quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock valued at $1,121,000 after purchasing an additional 508 shares during the period. Finally, Financial Synergies Wealth Advisors Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 3.2% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 900,352 shares of the company’s stock valued at $45,765,000 after purchasing an additional 27,816 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.1%

NYSEARCA VEA opened at $60.71 on Monday. The stock has a market capitalization of $180.89 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The business’s 50 day moving average is $59.51 and its two-hundred day moving average is $56.34. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $61.32.

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.