Intelligent Financial Strategies Cuts Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Intelligent Financial Strategies lessened its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,973 shares of the company’s stock after selling 790 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 0.2% of Intelligent Financial Strategies’ holdings, making the stock its 28th largest position. Intelligent Financial Strategies’ holdings in Vanguard FTSE Developed Markets ETF were worth $354,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VEA. UP Strategic Wealth Investment Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 39.7% during the 4th quarter. UP Strategic Wealth Investment Advisors LLC now owns 336,096 shares of the company’s stock worth $16,072,000 after purchasing an additional 95,531 shares during the last quarter. Burling Wealth Partners LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $2,386,000. Upper Left Wealth Management LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 24.1% in the first quarter. Upper Left Wealth Management LLC now owns 44,834 shares of the company’s stock worth $2,279,000 after buying an additional 8,721 shares in the last quarter. Russell Investments Group Ltd. boosted its position in Vanguard FTSE Developed Markets ETF by 37.5% during the fourth quarter. Russell Investments Group Ltd. now owns 9,043 shares of the company’s stock worth $432,000 after acquiring an additional 2,465 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 1.9% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 234,037 shares of the company’s stock valued at $11,192,000 after acquiring an additional 4,338 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 1.1%

Shares of NYSEARCA VEA opened at $56.48 on Friday. The stock has a market cap of $162.27 billion, a PE ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $56.91. The company has a 50-day moving average of $54.60 and a 200 day moving average of $51.56.

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.