McNaughton Wealth Management LLC Lowers Position in Vanguard FTSE Developed Markets ETF $VEA

McNaughton Wealth Management LLC trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.9% in the second quarter, Holdings Channel.com reports. The firm owned 18,149 shares of the company’s stock after selling 1,141 shares during the quarter. McNaughton Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,035,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 0.7% in the first quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock valued at $5,019,357,000 after purchasing an additional 660,028 shares during the period. Wealthfront Advisers LLC grew its stake in Vanguard FTSE Developed Markets ETF by 3.0% during the first quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock worth $3,068,678,000 after buying an additional 1,778,345 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard FTSE Developed Markets ETF by 3.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock worth $3,030,902,000 after buying an additional 1,840,640 shares during the period. WealthNavi Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 0.7% during the first quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock worth $2,530,802,000 after buying an additional 362,543 shares during the period. Finally, Northern Trust Corp grew its stake in Vanguard FTSE Developed Markets ETF by 3.5% during the first quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock worth $2,165,353,000 after buying an additional 1,425,051 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.9%

VEA opened at $61.06 on Friday. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $61.15. The company has a 50 day moving average of $58.84 and a two-hundred day moving average of $55.68. The company has a market cap of $179.48 billion, a P/E ratio of 16.34 and a beta of 0.89.

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.