Narus Financial Partners LLC Decreases Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Narus Financial Partners LLC lessened its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 53.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,214 shares of the company’s stock after selling 58,819 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 3.3% of Narus Financial Partners LLC’s portfolio, making the stock its 4th largest holding. Narus Financial Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,069,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. GGM Financials LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth $27,000. Ulland Investment Advisors LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares during the period. Cloud Capital Management LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the third quarter valued at about $37,000. Elevation Point Wealth Partners LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the second quarter worth about $48,000. Finally, Kilter Group LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the second quarter worth about $49,000.

Vanguard FTSE Developed Markets ETF Stock Down 1.7%

NYSEARCA VEA opened at $64.28 on Thursday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $70.55. The company has a market capitalization of $199.11 billion, a P/E ratio of 16.34 and a beta of 0.87. The stock’s 50-day moving average price is $66.74 and its 200-day moving average price is $62.99.

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.