Cahill Wealth Management LLC Sells 3,112 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Cahill Wealth Management LLC reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 19.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,967 shares of the company’s stock after selling 3,112 shares during the quarter. Cahill Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $685,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CWA Asset Management Group LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth about $5,890,000. Beckerman Institutional LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth approximately $825,000. Leavell Investment Management Inc. increased its position in Vanguard FTSE Developed Markets ETF by 3.0% during the 3rd quarter. Leavell Investment Management Inc. now owns 515,689 shares of the company’s stock valued at $27,234,000 after buying an additional 15,248 shares in the last quarter. Burt Wealth Advisors increased its position in Vanguard FTSE Developed Markets ETF by 158.9% during the 3rd quarter. Burt Wealth Advisors now owns 11,326 shares of the company’s stock valued at $598,000 after buying an additional 6,951 shares in the last quarter. Finally, Stone Point Wealth LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 11.2% in the 3rd quarter. Stone Point Wealth LLC now owns 94,414 shares of the company’s stock worth $4,986,000 after purchasing an additional 9,515 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.3 %

Shares of Vanguard FTSE Developed Markets ETF stock opened at $50.25 on Friday. The stock’s 50-day simple moving average is $51.47 and its 200-day simple moving average is $50.65. Vanguard FTSE Developed Markets ETF has a 52 week low of $43.29 and a 52 week high of $53.40. 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.