RiverFront Investment Group LLC Cuts Position in Vanguard FTSE Developed Markets ETF $VEA

RiverFront Investment Group LLC decreased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 14.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,203 shares of the company’s stock after selling 8,182 shares during the quarter. RiverFront Investment Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,949,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. TL Private Wealth grew its position in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after acquiring an additional 155 shares in the last quarter. Belpointe Asset Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.5% in the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after acquiring an additional 162 shares in the last quarter. Spire Wealth Management grew its position in Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after acquiring an additional 163 shares in the last quarter. Twelve Points Wealth Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.9% in the fourth quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock valued at $1,220,000 after acquiring an additional 166 shares in the last quarter. Finally, PFG Investments LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.9% in the third quarter. PFG Investments LLC now owns 18,087 shares of the company’s stock valued at $1,084,000 after acquiring an additional 170 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $69.08 on Monday. Vanguard FTSE Developed Markets ETF has a 52-week low of $54.21 and a 52-week high of $71.12. The company has a 50 day moving average of $66.72 and a two-hundred day moving average of $65.01. The company has a market capitalization of $221.56 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.