Sax Wealth Advisors LLC Lowers Position in Vanguard FTSE Developed Markets ETF $VEA

Sax Wealth Advisors LLC trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,794 shares of the company’s stock after selling 7,188 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,751,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of VEA. Wealthspire Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 110.7% during the first quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock worth $1,144,426,000 after buying an additional 11,830,891 shares during the period. TFO Wealth Partners LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $222,710,000. Wit LLC grew its stake in Vanguard FTSE Developed Markets ETF by 99,898.4% during the first quarter. Wit LLC now owns 4,020,934 shares of the company’s stock worth $204,384,000 after buying an additional 4,016,913 shares during the period. SCS Capital Management LLC grew its stake in Vanguard FTSE Developed Markets ETF by 48.0% during the first quarter. SCS Capital Management LLC now owns 10,411,294 shares of the company’s stock worth $529,206,000 after buying an additional 3,377,989 shares during the period. Finally, RWA Wealth Partners LLC grew its stake in Vanguard FTSE Developed Markets ETF by 20.6% during the first quarter. RWA Wealth Partners LLC now owns 13,542,589 shares of the company’s stock worth $688,370,000 after buying an additional 2,313,204 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.9%

VEA opened at $60.65 on Wednesday. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $61.32. The company has a 50 day moving average of $58.99 and a two-hundred day moving average of $55.81. The company has a market cap of $178.27 billion, a P/E ratio of 16.34 and a beta of 0.89.

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.