Forbes Financial Planning Inc. Has $7.97 Million Stake in Vanguard FTSE Developed Markets ETF $VEA

Forbes Financial Planning Inc. cut its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 26.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 139,806 shares of the company’s stock after selling 49,196 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 5.4% of Forbes Financial Planning Inc.’s portfolio, making the stock its 7th largest position. Forbes Financial Planning Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $7,970,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Madrona Financial Services LLC raised its stake in Vanguard FTSE Developed Markets ETF by 4.6% during the 2nd quarter. Madrona Financial Services LLC now owns 4,128 shares of the company’s stock worth $235,000 after buying an additional 183 shares during the period. Roffman Miller Associates Inc. PA grew its stake in Vanguard FTSE Developed Markets ETF by 0.9% in the second quarter. Roffman Miller Associates Inc. PA now owns 21,104 shares of the company’s stock valued at $1,203,000 after acquiring an additional 189 shares during the period. Community Bank & Trust Waco Texas increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.9% in the second quarter. Community Bank & Trust Waco Texas now owns 4,297 shares of the company’s stock worth $245,000 after acquiring an additional 200 shares in the last quarter. Mainsail Asset Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% during the second quarter. Mainsail Asset Management LLC now owns 5,685 shares of the company’s stock worth $324,000 after purchasing an additional 207 shares during the period. Finally, Beckerman Institutional LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.4% during the first quarter. Beckerman Institutional LLC now owns 15,702 shares of the company’s stock worth $798,000 after purchasing an additional 214 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $60.42 on Friday. The stock has a 50 day simple moving average of $60.15 and a 200 day simple moving average of $57.49. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $61.80. The firm has a market capitalization of $180.03 billion, a PE ratio of 16.34 and a beta of 0.87.

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.