Vanguard FTSE Developed Markets ETF $VEA Shares Sold by PAX Financial Group LLC

PAX Financial Group LLC cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 123,984 shares of the company’s stock after selling 10,336 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 1.4% of PAX Financial Group LLC’s holdings, making the stock its 21st largest position. PAX Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $7,945,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in VEA. Nova Wealth Management Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after acquiring an additional 253 shares in the last quarter. Ulland Investment Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $35,000. Quaker Wealth Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares during the last quarter. Finally, Strategic Advocates LLC increased its stake in Vanguard FTSE Developed Markets ETF by 66.1% during the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after purchasing an additional 248 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $70.81 on Friday. The company has a fifty day simple moving average of $70.48 and a two-hundred day simple moving average of $67.39. The stock has a market cap of $227.88 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12-month low of $55.68 and a 12-month high of $73.23.

Vanguard FTSE Developed Markets ETF 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.