Cedar Point Capital Partners LLC Reduces Position in Vanguard FTSE Developed Markets ETF $VEA

Cedar Point Capital Partners LLC lessened its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,868 shares of the company’s stock after selling 765 shares during the period. Cedar Point Capital Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $392,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock valued at $5,684,072,000 after acquiring an additional 958,633 shares in the last quarter. Wealthfront Advisers LLC grew its stake in Vanguard FTSE Developed Markets ETF by 3.0% during the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock valued at $3,068,678,000 after acquiring an additional 1,778,345 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard FTSE Developed Markets ETF by 3.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after acquiring an additional 1,840,640 shares in the last quarter. Northern Trust Corp grew its stake in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the 1st quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock valued at $2,165,353,000 after buying an additional 1,425,051 shares during the period. Finally, Wealthspire Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 110.7% in the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after buying an additional 11,830,891 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $61.66 on Wednesday. The firm has a 50 day simple moving average of $59.88 and a 200-day simple moving average of $57.02. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.80. The stock has a market cap of $183.72 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

Vanguard FTSE Developed Markets ETF Company 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.