Modera Wealth Management LLC Reduces Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Modera Wealth Management LLC trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,540,320 shares of the company’s stock after selling 92,257 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 3.7% of Modera Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Modera Wealth Management LLC owned 0.21% of Vanguard FTSE Developed Markets ETF worth $292,584,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Bangor Savings Bank grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the second quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock worth $2,535,000 after purchasing an additional 201 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock valued at $578,000 after acquiring an additional 205 shares during the last quarter. Optimum Investment Advisors raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the 3rd quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after acquiring an additional 207 shares in the last quarter. Olistico Wealth LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 13.9% in the third quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock valued at $90,000 after purchasing an additional 208 shares in the last quarter. Finally, New England Private Wealth Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 2.5% during the second quarter. New England Private Wealth Advisors LLC now owns 8,529 shares of the company’s stock worth $422,000 after purchasing an additional 209 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA traded down $0.16 during trading hours on Friday, hitting $50.51. The company had a trading volume of 6,463,326 shares, compared to its average volume of 9,507,380. The business has a 50 day moving average of $51.76 and a 200-day moving average of $50.51. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $53.40. The company has a market cap of $132.34 billion, a PE ratio of 13.32 and a beta of 0.88.

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.