Monument Group Wealth Advisors LLC Cuts Holdings in Vanguard FTSE Developed Markets ETF $VEA

Monument Group Wealth Advisors LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 154,680 shares of the company’s stock after selling 10,940 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 5.3% of Monument Group Wealth Advisors LLC’s holdings, making the stock its 4th biggest holding. Monument Group Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,663,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Nova Wealth Management Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after purchasing an additional 253 shares in the last quarter. GGM Financials LLC bought a new position in Vanguard FTSE Developed Markets ETF in the third quarter worth about $27,000. Ulland Investment Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares in the last quarter. Cloud Capital Management LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the third quarter worth about $37,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the second quarter worth about $48,000.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $64.08 on Wednesday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $70.55. The business’s 50 day moving average price is $66.45 and its two-hundred day moving average price is $63.27. The company has a market capitalization of $198.49 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.