Matrix Trust Co Lowers Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Matrix Trust Co cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 766,305 shares of the company’s stock after selling 2,332 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 6.4% of Matrix Trust Co’s holdings, making the stock its 3rd largest position. Matrix Trust Co’s holdings in Vanguard FTSE Developed Markets ETF were worth $36,645,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Aprio Wealth Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 9.9% in the 4th quarter. Aprio Wealth Management LLC now owns 14,486 shares of the company’s stock valued at $693,000 after acquiring an additional 1,305 shares in the last quarter. Eastover Investment Advisors LLC lifted its position in Vanguard FTSE Developed Markets ETF by 21.3% in the 4th quarter. Eastover Investment Advisors LLC now owns 4,889 shares of the company’s stock valued at $234,000 after acquiring an additional 857 shares in the last quarter. Graypoint LLC raised its stake in Vanguard FTSE Developed Markets ETF by 2.8% during the 4th quarter. Graypoint LLC now owns 22,293 shares of the company’s stock valued at $1,066,000 after buying an additional 606 shares during the last quarter. Trinity Financial Advisors LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 92.8% during the 4th quarter. Trinity Financial Advisors LLC now owns 398,671 shares of the company’s stock valued at $19,025,000 after buying an additional 191,909 shares during the period. Finally, Lowe Wealth Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 2,302.3% in the 4th quarter. Lowe Wealth Advisors LLC now owns 1,033 shares of the company’s stock worth $49,000 after buying an additional 990 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $47.53 on Monday. The stock has a market cap of $124.53 billion, a PE ratio of 13.32 and a beta of 0.88. The stock has a fifty day moving average of $49.27 and a 200 day moving average of $50.37. Vanguard FTSE Developed Markets ETF has a one year low of $45.91 and a one year high of $53.40.

Vanguard FTSE Developed Markets ETF 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.