Migdal Insurance & Financial Holdings Ltd. Cuts Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Migdal Insurance & Financial Holdings Ltd. trimmed its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 27.7% during the third quarter, Holdings Channel reports. The institutional investor owned 12,479 shares of the company’s stock after selling 4,782 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in Vanguard FTSE Developed Markets ETF were worth $659,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 101.2% during the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after purchasing an additional 256 shares during the last quarter. Triad Wealth Partners LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth about $31,000. Spectrum Wealth Counsel LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $33,000. Abich Financial Wealth Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after acquiring an additional 713 shares in the last quarter. Finally, Fairscale Capital LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $38,000.

Vanguard FTSE Developed Markets ETF Stock Down 1.3 %

Shares of VEA opened at $50.25 on Monday. Vanguard FTSE Developed Markets ETF has a 52-week low of $43.29 and a 52-week high of $53.40. The stock has a 50 day moving average price of $51.47 and a 200 day moving average price of $50.66. The company has a market capitalization of $131.66 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.