Nwam LLC Cuts Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Nwam LLC lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 228,862 shares of the company’s stock after selling 8,771 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 0.8% of Nwam LLC’s holdings, making the stock its 24th largest position. Nwam LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $16,306,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $35,000. First Community Trust NA acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at approximately $37,000. Tidemark LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 80.9% in the fourth quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after buying an additional 279 shares in the last quarter. Strategic Advocates LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 66.1% in the fourth quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after buying an additional 248 shares in the last quarter. Finally, Cornerstone Financial Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $39,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $72.92 on Tuesday. The business’s fifty day moving average price is $71.46 and its 200 day moving average price is $69.44. The firm has a market capitalization of $236.26 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1-year low of $57.81 and a 1-year high of $74.04.

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.