Connecticut Wealth Management LLC Has $51.27 Million Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Connecticut Wealth Management LLC trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.0% in the second quarter, Holdings Channel reports. The firm owned 1,037,519 shares of the company’s stock after selling 43,391 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 2.6% of Connecticut Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. Connecticut Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $51,274,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Libra Wealth LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 10.6% in the second quarter. Libra Wealth LLC now owns 350,851 shares of the company’s stock valued at $17,339,000 after purchasing an additional 33,560 shares during the period. Westwood Holdings Group Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 16.1% in the 2nd quarter. Westwood Holdings Group Inc. now owns 2,262,714 shares of the company’s stock valued at $111,823,000 after buying an additional 314,030 shares during the last quarter. Asset Management Group Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 4.0% in the 2nd quarter. Asset Management Group Inc. now owns 8,332 shares of the company’s stock valued at $412,000 after acquiring an additional 323 shares during the period. TPG Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $4,699,000. Finally, Summit Trail Advisors LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 30.1% during the second quarter. Summit Trail Advisors LLC now owns 1,030,508 shares of the company’s stock worth $50,928,000 after buying an additional 238,345 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.2 %

NYSEARCA VEA opened at $51.96 on Friday. The firm has a 50-day moving average price of $50.75 and a two-hundred day moving average price of $50.17. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $52.67. The company has a market capitalization of $136.14 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.