Weitzel Financial Services Inc. Sells 1,491 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Weitzel Financial Services Inc. lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 545,499 shares of the company’s stock after selling 1,491 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 13.5% of Weitzel Financial Services Inc.’s holdings, making the stock its 2nd largest position. Weitzel Financial Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $26,980,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,005.9% during the second quarter. Strategic Financial Concepts LLC now owns 8,308,691 shares of the company’s stock valued at $410,616,000 after buying an additional 8,172,614 shares during the last quarter. Morningstar Investment Services LLC raised its stake in Vanguard FTSE Developed Markets ETF by 97.1% during the 4th quarter. Morningstar Investment Services LLC now owns 12,663,672 shares of the company’s stock valued at $606,716,000 after acquiring an additional 6,238,875 shares in the last quarter. Pathstone Holdings LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth $238,242,000. Envestnet Asset Management Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock worth $4,251,307,000 after purchasing an additional 3,279,281 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Vanguard FTSE Developed Markets ETF by 147.9% in the first quarter. Cetera Investment Advisers now owns 4,577,042 shares of the company’s stock worth $229,630,000 after purchasing an additional 2,730,944 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.9 %

Shares of NYSEARCA:VEA opened at $50.37 on Friday. The company has a 50 day moving average of $50.51 and a 200-day moving average of $49.98. The firm has a market cap of $131.97 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $52.54.

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.