McAdam LLC Sells 429 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

McAdam LLC trimmed its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,726 shares of the company’s stock after selling 429 shares during the period. McAdam LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,164,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Creative Planning increased its stake in Vanguard FTSE Developed Markets ETF by 3.8% during the third quarter. Creative Planning now owns 145,118,743 shares of the company’s stock valued at $7,663,721,000 after acquiring an additional 5,341,481 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard FTSE Developed Markets ETF by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock valued at $2,518,573,000 after acquiring an additional 2,402,484 shares during the period. LPL Financial LLC increased its stake in Vanguard FTSE Developed Markets ETF by 4.3% during the second quarter. LPL Financial LLC now owns 21,328,841 shares of the company’s stock valued at $1,054,071,000 after acquiring an additional 881,611 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Vanguard FTSE Developed Markets ETF by 10.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock valued at $948,309,000 after purchasing an additional 1,860,937 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 17,314,776 shares of the company’s stock valued at $868,682,000 after purchasing an additional 795,987 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 1.0 %

VEA stock opened at $50.49 on Thursday. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $53.40. The firm has a market cap of $132.27 billion, a P/E ratio of 13.32 and a beta of 0.88. The business’s 50 day moving average is $51.76 and its 200-day moving average is $50.51.

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.