Global Wealth Management Investment Advisory Inc. Reduces Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Global Wealth Management Investment Advisory Inc. cut its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.3% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 43,214 shares of the company’s stock after selling 2,407 shares during the period. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,464,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VEA. Financial Network Wealth Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth $26,000. Financial Gravity Asset Management Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter worth $28,000. Nemes Rush Group LLC increased its stake in Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after buying an additional 402 shares during the period. IFS Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth $35,000. Finally, Armstrong Advisory Group Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 210.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock valued at $47,000 after buying an additional 563 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $60.61 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.80. The company has a market capitalization of $180.59 billion, a PE ratio of 16.34 and a beta of 0.87. The business has a 50-day moving average of $60.18 and a 200-day moving average of $57.61.

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.