Founders Grove Wealth Partners LLC Has $33.60 Million Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Founders Grove Wealth Partners LLC reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 560,740 shares of the company’s stock after selling 12,767 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 7.9% of Founders Grove Wealth Partners LLC’s holdings, making the stock its biggest position. Founders Grove Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $33,600,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Princeton Global Asset Management LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 2.6% in the 3rd quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock worth $403,000 after buying an additional 168 shares in the last quarter. Alliance Wealth Advisors LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 2.2% during the third quarter. Alliance Wealth Advisors LLC now owns 8,172 shares of the company’s stock worth $490,000 after acquiring an additional 173 shares during the period. Madrona Financial Services LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 4.6% during the second quarter. Madrona Financial Services LLC now owns 4,128 shares of the company’s stock worth $235,000 after acquiring an additional 183 shares during the period. Roffman Miller Associates Inc. PA raised its position in Vanguard FTSE Developed Markets ETF by 0.9% in the second quarter. Roffman Miller Associates Inc. PA now owns 21,104 shares of the company’s stock worth $1,203,000 after acquiring an additional 189 shares in the last quarter. Finally, Capital Advisors Ltd. LLC raised its position in Vanguard FTSE Developed Markets ETF by 0.9% in the third quarter. Capital Advisors Ltd. LLC now owns 21,750 shares of the company’s stock worth $1,303,000 after acquiring an additional 192 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $62.81 on Friday. The firm’s 50 day moving average is $61.42 and its 200-day moving average is $59.36. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $63.08. The stock has a market capitalization of $187.15 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.