Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Martel Wealth Advisors Inc’s 9th Largest Position

Martel Wealth Advisors Inc cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 201,823 shares of the company’s stock after selling 22,802 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 2.0% of Martel Wealth Advisors Inc’s holdings, making the stock its 9th largest position. Martel Wealth Advisors Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $10,259,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Sellwood Investment Partners LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $26,000. Chapman Financial Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $29,000. Headlands Technologies LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 65.2% in the fourth quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock valued at $34,000 after purchasing an additional 277 shares in the last quarter. Dunhill Financial LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 80.6% in the fourth quarter. Dunhill Financial LLC now owns 715 shares of the company’s stock valued at $34,000 after purchasing an additional 319 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $37,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $56.86 on Friday. The stock has a market cap of $162.05 billion, a PE ratio of 16.52 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $56.90. The stock has a fifty day moving average of $53.19 and a 200-day moving average of $51.17.

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.