Provident Wealth Management LLC Cuts Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Provident Wealth Management LLC reduced its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,278 shares of the company’s stock after selling 4,419 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 1.0% of Provident Wealth Management LLC’s investment portfolio, making the stock its 18th biggest holding. Provident Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,026,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Strategic Financial Concepts LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 5,780.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock worth $516,883,000 after buying an additional 10,625,142 shares during the last quarter. Life Planning Partners Inc lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 4,722.9% in the fourth quarter. Life Planning Partners Inc now owns 4,370,665 shares of the company’s stock worth $209,005,000 after buying an additional 4,280,041 shares in the last quarter. Cerity Partners LLC boosted its position in Vanguard FTSE Developed Markets ETF by 12.4% during the third quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock worth $814,998,000 after acquiring an additional 1,700,587 shares during the last quarter. Kovitz Investment Group Partners LLC grew its stake in Vanguard FTSE Developed Markets ETF by 213.4% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,816,044 shares of the company’s stock valued at $95,905,000 after acquiring an additional 1,236,636 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in Vanguard FTSE Developed Markets ETF by 102.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 2,211,726 shares of the company’s stock valued at $116,801,000 after acquiring an additional 1,116,684 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $51.56 on Wednesday. The business’s 50 day moving average price is $49.36 and its 200 day moving average price is $50.40. The company has a market cap of $144.88 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a one year low of $46.79 and a one year high of $53.40.

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.