JMG Financial Group Ltd. Decreases Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

JMG Financial Group Ltd. lessened its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 6,253,672 shares of the company’s stock after selling 22,157 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 10.8% of JMG Financial Group Ltd.’s portfolio, making the stock its 5th biggest holding. JMG Financial Group Ltd.’s holdings in Vanguard FTSE Developed Markets ETF were worth $445,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Auto Owners Insurance Co lifted its position in Vanguard FTSE Developed Markets ETF by 6,941.5% during the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after purchasing an additional 72,590,763 shares in the last quarter. Morgan Stanley grew its holdings in Vanguard FTSE Developed Markets ETF by 44.0% during the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after purchasing an additional 27,650,637 shares during the period. Corient Private Wealth LLC increased its position in Vanguard FTSE Developed Markets ETF by 122.9% in the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after buying an additional 22,700,179 shares in the last quarter. Jasper Ridge Partners L.P. increased its position in Vanguard FTSE Developed Markets ETF by 35.6% in the third quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after buying an additional 5,451,849 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV raised its stake in shares of Vanguard FTSE Developed Markets ETF by 152.5% in the third quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock worth $508,716,000 after buying an additional 5,127,412 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 1.8%

VEA stock opened at $72.39 on Wednesday. Vanguard FTSE Developed Markets ETF has a twelve month low of $57.81 and a twelve month high of $74.04. The stock has a market cap of $234.54 billion, a P/E ratio of 16.34 and a beta of 0.83. The business’s 50-day moving average price is $71.19 and its 200-day moving average price is $69.05.

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.