Sax Wealth Advisors LLC Sells 901 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sax Wealth Advisors LLC decreased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,292 shares of the company’s stock after selling 901 shares during the period. Sax Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $983,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VEA. Kalos Management Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at about $25,000. Oliver Lagore Vanvalin Investment Group acquired a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at about $25,000. Pacific Center for Financial Services acquired a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at about $25,000. Sunbelt Securities Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at about $29,000. Finally, Hoese & Co LLP acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth about $32,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.3 %

Shares of NYSEARCA VEA traded up $0.14 during mid-day trading on Monday, reaching $45.64. 4,244,126 shares of the company’s stock were exchanged, compared to its average volume of 10,283,155. The firm has a market capitalization of $112.27 billion, a price-to-earnings ratio of 11.40 and a beta of 0.89. The business has a fifty day simple moving average of $43.73 and a 200 day simple moving average of $45.24. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $47.81.

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.