Meridian Wealth Partners LLC Sells 1,885 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Meridian Wealth Partners LLC cut its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 17.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,822 shares of the company’s stock after selling 1,885 shares during the quarter. Meridian Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $436,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Wealth Alliance grew its stake in shares of Vanguard FTSE Developed Markets ETF by 3.2% during the 2nd quarter. Wealth Alliance now owns 8,346 shares of the company’s stock valued at $412,000 after acquiring an additional 257 shares during the period. Bradley Foster & Sargent Inc. CT boosted its stake in Vanguard FTSE Developed Markets ETF by 2.2% in the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 273,376 shares of the company’s stock worth $13,510,000 after purchasing an additional 5,892 shares during the period. Axxcess Wealth Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 16.2% in the 2nd quarter. Axxcess Wealth Management LLC now owns 155,224 shares of the company’s stock worth $7,671,000 after purchasing an additional 21,586 shares during the period. Fairway Wealth LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 2.5% in the 2nd quarter. Fairway Wealth LLC now owns 213,487 shares of the company’s stock worth $10,551,000 after purchasing an additional 5,168 shares during the period. Finally, Perennial Investment Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 3.7% in the 2nd quarter. Perennial Investment Advisors LLC now owns 56,300 shares of the company’s stock worth $2,782,000 after purchasing an additional 1,989 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $51.76 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $52.54. The company has a market capitalization of $135.61 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The business has a 50 day simple moving average of $50.70 and a two-hundred day simple moving average of $50.12.

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.