Founders Grove Wealth Partners LLC Cuts Holdings in Vanguard FTSE Developed Markets ETF $VEA

Founders Grove Wealth Partners LLC lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 548,491 shares of the company’s stock after selling 12,249 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 7.7% of Founders Grove Wealth Partners LLC’s portfolio, making the stock its biggest holding. Founders Grove Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $34,264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Perennial Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF by 20.8% during the 4th quarter. Perennial Advisors LLC now owns 55,069 shares of the company’s stock valued at $3,440,000 after buying an additional 9,480 shares during the period. Farrell Financial LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 2.3% during the 4th quarter. Farrell Financial LLC now owns 122,482 shares of the company’s stock worth $7,651,000 after buying an additional 2,756 shares in the last quarter. Shotwell Rutter Baer Inc lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.6% in the 4th quarter. Shotwell Rutter Baer Inc now owns 174,418 shares of the company’s stock worth $11,152,000 after acquiring an additional 2,789 shares during the period. Arbor Wealth Advisors LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 2.2% in the 4th quarter. Arbor Wealth Advisors LLC now owns 46,316 shares of the company’s stock worth $2,893,000 after acquiring an additional 1,015 shares during the period. Finally, Focus Financial Network Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 7.0% in the fourth quarter. Focus Financial Network Inc. now owns 404,680 shares of the company’s stock valued at $25,280,000 after acquiring an additional 26,481 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $63.15 on Wednesday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $70.55. The firm has a market capitalization of $195.61 billion, a PE ratio of 16.34 and a beta of 0.87. The company’s 50 day simple moving average is $66.64 and its 200 day simple moving average is $63.16.

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.