PFG Private Wealth Management LLC Sells 50,143 Shares of Vanguard FTSE Developed Markets ETF $VEA

PFG Private Wealth Management LLC lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 12.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 339,630 shares of the company’s stock after selling 50,143 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 10.3% of PFG Private Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. PFG Private Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $24,199,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VEA. Bank of America Corp DE raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.1% in the 4th quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock valued at $12,853,704,000 after purchasing an additional 4,289,361 shares in the last quarter. Betterment LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock worth $8,657,615,000 after purchasing an additional 1,140,627 shares during the last quarter. Morgan Stanley grew its stake in shares of 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 worth $5,652,975,000 after purchasing an additional 27,650,637 shares in the last quarter. Auto Owners Insurance Co grew its stake in shares of 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 worth $4,600,073,000 after purchasing an additional 72,590,763 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard FTSE Developed Markets ETF by 4.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after buying an additional 2,675,380 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $72.11 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $57.81 and a 1-year high of $74.04. The stock has a market cap of $233.63 billion, a PE ratio of 16.34 and a beta of 0.83. The stock’s fifty day moving average is $71.50 and its two-hundred day moving average is $69.47.

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.