Topel & Distasi Wealth Management LLC Has $6.96 Million Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Topel & Distasi Wealth Management LLC decreased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 140,793 shares of the company’s stock after selling 816 shares during the period. Vanguard FTSE Developed Markets ETF makes up 3.1% of Topel & Distasi Wealth Management LLC’s portfolio, making the stock its 9th largest holding. Topel & Distasi Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,958,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of VEA. One Capital Management LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.1% in the second quarter. One Capital Management LLC now owns 30,406 shares of the company’s stock worth $1,503,000 after acquiring an additional 328 shares during the period. Hassell Wealth Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 7.0% in the second quarter. Hassell Wealth Management LLC now owns 390,777 shares of the company’s stock worth $19,605,000 after purchasing an additional 25,583 shares during the last quarter. Black Diamond Financial LLC grew its position in Vanguard FTSE Developed Markets ETF by 15.9% in the 2nd quarter. Black Diamond Financial LLC now owns 147,358 shares of the company’s stock worth $7,282,000 after purchasing an additional 20,266 shares during the period. Tennessee Valley Asset Management Partners purchased a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at $1,325,000. Finally, Pine Harbor Wealth Management LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.0% during the 2nd quarter. Pine Harbor Wealth Management LLC now owns 40,870 shares of the company’s stock valued at $2,020,000 after buying an additional 2,306 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $51.60 on Monday. 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 cap of $135.19 billion, a P/E ratio of 13.32 and a beta of 0.88. The stock’s fifty day moving average price is $50.63 and its 200-day moving average price is $50.08.

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.