Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Salomon & Ludwin LLC

Salomon & Ludwin LLC reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 474,437 shares of the company’s stock after selling 14,585 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 2.7% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 10th largest holding. Salomon & Ludwin LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $27,114,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Madrona Financial Services LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 4.6% in the 2nd quarter. Madrona Financial Services LLC now owns 4,128 shares of the company’s stock worth $235,000 after purchasing an additional 183 shares during the last quarter. Community Bank & Trust Waco Texas lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the second quarter. Community Bank & Trust Waco Texas now owns 4,297 shares of the company’s stock worth $245,000 after buying an additional 200 shares during the last quarter. Nova R Wealth Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the first quarter. Nova R Wealth Inc. now owns 48,596 shares of the company’s stock worth $2,470,000 after buying an additional 201 shares during the last quarter. Mainsail Asset Management LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.8% during the second quarter. Mainsail Asset Management LLC now owns 5,685 shares of the company’s stock worth $324,000 after buying an additional 207 shares during the last quarter. Finally, Beckerman Institutional LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.4% during the first quarter. Beckerman Institutional LLC now owns 15,702 shares of the company’s stock worth $798,000 after buying an additional 214 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.1%

Shares of VEA stock opened at $60.71 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $61.32. The firm has a market cap of $180.89 billion, a PE ratio of 16.34 and a beta of 0.89. The stock has a 50 day moving average of $59.51 and a 200-day moving average of $56.30.

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.