Aprio Wealth Management LLC Decreases Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Aprio Wealth Management LLC cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,348 shares of the company’s stock after selling 672 shares during the period. Aprio Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $616,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 7.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 2,693,494 shares of the company’s stock valued at $124,386,000 after purchasing an additional 192,374 shares in the last quarter. Hoese & Co LLP purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth about $32,000. Independent Wealth Network Inc. increased its position in Vanguard FTSE Developed Markets ETF by 30.7% during the 2nd quarter. Independent Wealth Network Inc. now owns 13,077 shares of the company’s stock worth $604,000 after purchasing an additional 3,070 shares in the last quarter. WBH Advisory Inc. increased its position in Vanguard FTSE Developed Markets ETF by 11.2% during the 2nd quarter. WBH Advisory Inc. now owns 15,170 shares of the company’s stock worth $701,000 after purchasing an additional 1,529 shares in the last quarter. Finally, Keel Point LLC increased its position in Vanguard FTSE Developed Markets ETF by 9.0% during the 2nd quarter. Keel Point LLC now owns 372,673 shares of the company’s stock worth $17,210,000 after purchasing an additional 30,746 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA traded down $0.02 on Tuesday, reaching $45.22. 6,428,471 shares of the company’s stock were exchanged, compared to its average volume of 9,789,143. The company’s 50 day moving average is $46.07 and its 200-day moving average is $45.69. The company has a market cap of $111.24 billion, a price-to-earnings ratio of 11.40 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a twelve month low of $35.42 and a twelve month high of $47.81.

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.