FSB Premier Wealth Management Inc. Cuts Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

FSB Premier Wealth Management Inc. lowered its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 151,595 shares of the company’s stock after selling 8,945 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 3.0% of FSB Premier Wealth Management Inc.’s investment portfolio, making the stock its 3rd biggest holding. FSB Premier Wealth Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $7,706,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Arbor Wealth Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF by 0.4% in the 1st quarter. Arbor Wealth Advisors LLC now owns 47,883 shares of the company’s stock valued at $2,434,000 after buying an additional 200 shares during the last quarter. Nova R Wealth Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 0.4% in the 1st quarter. Nova R Wealth Inc. now owns 48,596 shares of the company’s stock valued at $2,470,000 after buying an additional 201 shares during the last quarter. Elevation Wealth Partners LLC increased its stake in Vanguard FTSE Developed Markets ETF by 0.4% in the 1st quarter. Elevation Wealth Partners LLC now owns 56,322 shares of the company’s stock valued at $2,863,000 after buying an additional 206 shares during the last quarter. Key Client Fiduciary Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF by 2.6% in the 1st quarter. Key Client Fiduciary Advisors LLC now owns 8,166 shares of the company’s stock valued at $415,000 after buying an additional 210 shares during the last quarter. Finally, Integrated Capital Management Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 0.9% in the 1st quarter. Integrated Capital Management Inc. now owns 24,093 shares of the company’s stock valued at $1,225,000 after buying an additional 211 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.0%

Shares of VEA stock opened at $57.14 on Wednesday. The company has a 50 day moving average of $56.43 and a 200-day moving average of $52.95. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $58.52. The firm has a market cap of $165.18 billion, a P/E ratio of 16.34 and a beta of 0.89.

Vanguard FTSE Developed Markets ETF Company 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.