Independent Wealth Network Inc. Lowers Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Independent Wealth Network Inc. cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,680 shares of the company’s stock after selling 283 shares during the period. Independent Wealth Network Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $606,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Kozak & Associates Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after buying an additional 410 shares in the last quarter. Decker Retirement Planning Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at approximately $29,000. Lummis Asset Management LP acquired a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at approximately $34,000. Abich Financial Wealth Management LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% in the second 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, Atwood & Palmer Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $42,000.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $49.40 on Thursday. The company has a fifty day moving average of $48.99 and a two-hundred day moving average of $50.29. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.60 and a 1 year high of $53.40. The company has a market capitalization of $129.43 billion, a PE 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.