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

Connecticut Wealth Management LLC lessened its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,037,519 shares of the company’s stock after selling 43,391 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 2.6% of Connecticut Wealth Management LLC’s portfolio, making the stock its 7th largest holding. Connecticut Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $51,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of VEA. Strategic Financial Concepts LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 6,005.9% during the 2nd quarter. Strategic Financial Concepts LLC now owns 8,308,691 shares of the company’s stock valued at $410,616,000 after acquiring an additional 8,172,614 shares during the last quarter. Morningstar Investment Services LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 97.1% in the fourth quarter. Morningstar Investment Services LLC now owns 12,663,672 shares of the company’s stock worth $606,716,000 after purchasing an additional 6,238,875 shares during the period. Pathstone Holdings LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $238,242,000. Envestnet Asset Management Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock valued at $4,251,307,000 after buying an additional 3,279,281 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in Vanguard FTSE Developed Markets ETF by 147.9% during the 1st quarter. Cetera Investment Advisers now owns 4,577,042 shares of the company’s stock worth $229,630,000 after buying an additional 2,730,944 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $51.96 on Friday. The business’s 50-day simple moving average is $50.75 and its 200-day simple moving average is $50.17. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $52.67. The stock has a market capitalization of $136.14 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.