Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Position Lessened by JFG Wealth Management LLC

JFG Wealth Management LLC trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 881,580 shares of the company’s stock after selling 48,432 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 12.8% of JFG Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. JFG Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $46,556,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Bangor Savings Bank lifted its position in Vanguard FTSE Developed Markets ETF by 0.4% during the 2nd quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock valued at $2,535,000 after acquiring an additional 201 shares during the period. Sunbelt Securities Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 1.8% during the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock valued at $578,000 after purchasing an additional 205 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 0.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after buying an additional 205 shares in the last quarter. Optimum Investment Advisors lifted its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the 3rd quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after purchasing an additional 207 shares in the last quarter. Finally, Olistico Wealth LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 13.9% during the 3rd quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock valued at $90,000 after buying an additional 208 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 1.0 %

Shares of NYSEARCA VEA opened at $50.80 on Wednesday. The stock has a market capitalization of $133.10 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The firm’s 50-day moving average price is $51.58 and its 200-day moving average price is $50.64. Vanguard FTSE Developed Markets ETF has a 12-month low of $43.29 and a 12-month high of $53.40.

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.