Financial Life Advisors Has $1.48 Million Holdings in Vanguard FTSE Developed Markets ETF $VEA

Financial Life Advisors cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,929 shares of the company’s stock after selling 2,002 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 0.5% of Financial Life Advisors’ investment portfolio, making the stock its 27th largest holding. Financial Life Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $1,478,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Kessler Investment Group LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $26,000. von Borstel & Associates Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $26,000. Financial Network Wealth Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $26,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $28,000. Finally, Nemes Rush Group LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 236.5% during the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after purchasing an additional 402 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.9%

Shares of NYSEARCA:VEA opened at $60.65 on Wednesday. The stock’s 50 day moving average is $58.99 and its 200-day moving average is $55.81. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $61.32. The firm has a market capitalization of $178.27 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89.

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.