Gradient Capital Advisors LLC has recently adjusted its investment in the Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report), decreasing its holdings by 0.7% during the second quarter. According to the latest Form 13F filing with the Securities & Exchange Commission, the fund now owns 107,667 shares after selling 801 shares in the quarter. This ETF represents 1.8% of Gradient Capital Advisors LLC’s total holdings, making it their 16th largest investment, valued at approximately $6,138,000.
Other institutional investors have also made notable changes to their positions in the Vanguard FTSE Developed Markets ETF. Brighton Jones LLC significantly increased its stake by 79.2% in the fourth quarter, now owning 243,622 shares worth $11,650,000 after acquiring an additional 107,649 shares. Similarly, Revolve Wealth Partners LLC raised its holdings by 47.3%, bringing its total to 123,485 shares valued at $5,905,000 after purchasing 39,653 shares during the same period.
Nuveen Asset Management LLC also boosted its stake by 3.6%, now holding 136,081 shares worth $6,507,000 after buying an additional 4,720 shares. Centaurus Financial Inc. increased its position by 20.1%, owning 17,807 shares valued at $852,000 after acquiring 2,980 shares. Lastly, NorthCrest Asset Management LLC lifted its holdings by 1.9%, now owning 16,403 shares worth $784,000 after purchasing an additional 305 shares.
Vanguard FTSE Developed Markets ETF Stock Up 0.6%
On Friday, shares of NYSEARCA:VEA opened at $59.41. The ETF boasts a market capitalization of $170.69 billion, a P/E ratio of 16.34, and a beta of 0.89. The stock’s fifty-day simple moving average stands at $58.59, while the 200-day simple moving average is $55.39. Over the past year, Vanguard FTSE Developed Markets ETF has seen a low of $45.14 and a high of $60.51.
Vanguard FTSE Developed Markets ETF Company Profile
The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that primarily invests in total market equity. It tracks a market-cap weighted index of large-, mid-, and small-cap stocks from developed markets outside the United States. Launched on July 20, 2007, this fund is managed by Vanguard.
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