Merriman Wealth Management LLC Trims Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Merriman Wealth Management LLC cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,111 shares of the company’s stock after selling 237 shares during the quarter. Merriman Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,142,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Strategic Financial Concepts LLC grew its position in Vanguard FTSE Developed Markets ETF by 6,005.9% during the second quarter. Strategic Financial Concepts LLC now owns 8,308,691 shares of the company’s stock valued at $410,616,000 after buying an additional 8,172,614 shares during the period. Morningstar Investment Services LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 97.1% in the 4th 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 purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $238,242,000. Envestnet Asset Management Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock valued at $4,251,307,000 after purchasing an additional 3,279,281 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of Vanguard FTSE Developed Markets ETF by 147.9% in the first quarter. Cetera Investment Advisers now owns 4,577,042 shares of the company’s stock valued at $229,630,000 after buying an additional 2,730,944 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $51.96 on Friday. The stock has a market capitalization of $136.14 billion, a P/E ratio of 13.32 and a beta of 0.88. The company’s fifty day moving average price is $50.75 and its 200 day moving average price is $50.17. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $52.67.

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.