Vanguard FTSE Developed Markets ETF $VEA Shares Sold by McNamara Financial Services Inc.

McNamara Financial Services Inc. cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 127,744 shares of the company’s stock after selling 4,296 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 1.4% of McNamara Financial Services Inc.’s holdings, making the stock its 11th largest holding. McNamara Financial Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $7,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Kessler Investment Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $26,000. von Borstel & Associates Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth $26,000. Financial Network Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth $26,000. Financial Gravity Asset Management Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth $28,000. Finally, Nemes Rush Group LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 236.5% in the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after buying an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.9%

VEA stock opened at $59.18 on Monday. The business’s fifty day moving average price is $59.22 and its 200 day moving average price is $56.01. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $61.32. The company has a market capitalization of $176.33 billion, a PE ratio of 16.34 and a beta of 0.89.

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.