JDM Financial Group LLC Cuts Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

JDM Financial Group LLC lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,947 shares of the company’s stock after selling 4,292 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 1.7% of JDM Financial Group LLC’s holdings, making the stock its 15th largest position. JDM Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,060,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock valued at $578,000 after buying an additional 205 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after acquiring an additional 205 shares during the period. Optimum Investment Advisors boosted its position in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the 3rd quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after purchasing an additional 207 shares in the last quarter. Olistico Wealth LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 13.9% during the 3rd quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock worth $90,000 after purchasing an additional 208 shares during the period. Finally, MTM Investment Management LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.5% in the 3rd quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock valued at $743,000 after purchasing an additional 208 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.2 %

VEA stock opened at $50.61 on Tuesday. The company’s 50-day moving average price is $50.62 and its 200 day moving average price is $50.65. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.91 and a 52 week high of $53.40. The company has a market cap of $132.60 billion, a P/E 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.