Inspirion Wealth Advisors LLC Trims Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Inspirion Wealth Advisors LLC trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,435 shares of the company’s stock after selling 2,376 shares during the period. Inspirion Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,477,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Retirement Planning Group LLC lifted its position in Vanguard FTSE Developed Markets ETF by 10.6% during the first quarter. Retirement Planning Group LLC now owns 53,307 shares of the company’s stock valued at $2,674,000 after purchasing an additional 5,091 shares during the period. Wallace Advisory Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth about $210,000. Northwest Quadrant Wealth Management LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth about $236,000. Axiom Advisory LLC raised its position in Vanguard FTSE Developed Markets ETF by 5.1% during the first quarter. Axiom Advisory LLC now owns 16,382 shares of the company’s stock valued at $822,000 after acquiring an additional 801 shares in the last quarter. Finally, Charles Schwab Trust Co lifted its holdings in Vanguard FTSE Developed Markets ETF by 4.1% in the first quarter. Charles Schwab Trust Co now owns 848,308 shares of the company’s stock valued at $42,560,000 after acquiring an additional 33,722 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.7 %

Vanguard FTSE Developed Markets ETF stock traded down $0.33 during mid-day trading on Wednesday, hitting $49.26. The company had a trading volume of 1,825,617 shares, compared to its average volume of 10,554,150. The company has a market capitalization of $129.06 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $51.28. The company’s fifty day moving average is $49.90 and its 200-day moving average is $48.84.

About Vanguard FTSE Developed Markets ETF

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.