Fortis Advisors LLC Decreases Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Fortis Advisors LLC reduced its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 108,854 shares of the company’s stock after selling 9,979 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 3.7% of Fortis Advisors LLC’s holdings, making the stock its 5th biggest position. Fortis Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,749,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Creative Planning boosted its stake in Vanguard FTSE Developed Markets ETF by 3.8% in the third quarter. Creative Planning now owns 145,118,743 shares of the company’s stock valued at $7,663,721,000 after acquiring an additional 5,341,481 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 4.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock valued at $2,518,573,000 after purchasing an additional 2,402,484 shares during the period. WealthNavi Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 5.6% during the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after purchasing an additional 2,436,012 shares during the period. LPL Financial LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 4.3% in the second quarter. LPL Financial LLC now owns 21,328,841 shares of the company’s stock valued at $1,054,071,000 after buying an additional 881,611 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its stake in Vanguard FTSE Developed Markets ETF by 10.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock valued at $948,309,000 after buying an additional 1,860,937 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.7 %

Vanguard FTSE Developed Markets ETF stock opened at $49.36 on Tuesday. The firm has a market capitalization of $129.32 billion, a P/E ratio of 13.32 and a beta of 0.88. The business has a 50-day moving average of $51.24 and a 200-day moving average of $50.70. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.37 and a 1 year high of $53.40.

Vanguard FTSE Developed Markets ETF Company 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.