JMG Financial Group Ltd. Lowers Stake in Vanguard FTSE Developed Markets ETF $VEA

JMG Financial Group Ltd. lessened its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,204,833 shares of the company’s stock after selling 21,502 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 10.9% of JMG Financial Group Ltd.’s portfolio, making the stock its 3rd biggest holding. JMG Financial Group Ltd. owned 0.20% of Vanguard FTSE Developed Markets ETF worth $387,616,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VEA. Nova Wealth Management Inc. raised its holdings in 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 acquiring an additional 253 shares during the period. GGM Financials LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at $27,000. Ulland Investment Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after acquiring an additional 242 shares during the period. Strategic Wealth Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $35,000. Finally, Quaker Wealth Management LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after acquiring an additional 611 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $71.77 on Monday. The company’s fifty day simple moving average is $67.82 and its two-hundred day simple moving average is $65.69. Vanguard FTSE Developed Markets ETF has a 1 year low of $54.63 and a 1 year high of $72.23. The stock has a market capitalization of $230.19 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.