Nova R Wealth Inc. Sells 1,669 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Nova R Wealth Inc. trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 47,711 shares of the company’s stock after selling 1,669 shares during the period. Vanguard FTSE Developed Markets ETF comprises 1.2% of Nova R Wealth Inc.’s holdings, making the stock its 20th biggest position. Nova R Wealth Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,358,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Morningstar Investment Services LLC increased its stake in Vanguard FTSE Developed Markets ETF by 97.1% during the 4th quarter. Morningstar Investment Services LLC now owns 12,663,672 shares of the company’s stock worth $606,716,000 after acquiring an additional 6,238,875 shares during the period. Pathstone Holdings LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $238,242,000. Envestnet Asset Management Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock valued at $4,251,307,000 after acquiring an additional 3,279,281 shares during the last quarter. Cetera Investment Advisers raised its position in Vanguard FTSE Developed Markets ETF by 147.9% during the first quarter. Cetera Investment Advisers now owns 4,577,042 shares of the company’s stock valued at $229,630,000 after purchasing an additional 2,730,944 shares in the last quarter. Finally, US Bancorp DE lifted its stake in Vanguard FTSE Developed Markets ETF by 21.7% during the fourth quarter. US Bancorp DE now owns 14,326,118 shares of the company’s stock worth $686,221,000 after purchasing an additional 2,551,005 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.6 %

Vanguard FTSE Developed Markets ETF stock traded up $0.32 during midday trading on Friday, reaching $50.84. The company’s stock had a trading volume of 5,669,104 shares, compared to its average volume of 10,143,843. The stock has a market cap of $133.20 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52 week low of $41.48 and a 52 week high of $51.68. The business has a 50-day moving average price of $49.92 and a 200-day moving average price of $49.54.

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.