Apriem Advisors Cuts Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Apriem Advisors cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 578,797 shares of the company’s stock after selling 24,478 shares during the period. Vanguard FTSE Developed Markets ETF makes up 3.3% of Apriem Advisors’ holdings, making the stock its 7th largest position. Apriem Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $34,682,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cloud Capital Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth about $37,000. Elevation Point Wealth Partners LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $48,000. Kilter Group LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $49,000. Strengthening Families & Communities LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth approximately $55,000. Finally, Collier Financial acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $56,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.5%

Vanguard FTSE Developed Markets ETF stock opened at $69.18 on Tuesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $69.66. The company has a fifty day simple moving average of $65.38 and a 200 day simple moving average of $62.06. The company has a market cap of $214.29 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.