Madrona Financial Services LLC Sells 508 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Madrona Financial Services LLC reduced its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,985 shares of the company’s stock after selling 508 shares during the quarter. Madrona Financial Services LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $210,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Strategic Financial Concepts LLC grew its stake in Vanguard FTSE Developed Markets ETF by 6,005.9% in the second quarter. Strategic Financial Concepts LLC now owns 8,308,691 shares of the company’s stock valued at $410,616,000 after acquiring an additional 8,172,614 shares during the period. Creative Planning grew its stake in Vanguard FTSE Developed Markets ETF by 4.9% in the second quarter. Creative Planning now owns 139,777,262 shares of the company’s stock valued at $6,907,792,000 after acquiring an additional 6,565,775 shares during the period. Cetera Investment Advisers grew its stake in 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 valued at $229,630,000 after acquiring an additional 2,730,944 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard FTSE Developed Markets ETF by 4.9% in 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. Finally, Mercer Global Advisors Inc. ADV grew its stake in Vanguard FTSE Developed Markets ETF by 10.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock valued at $948,309,000 after acquiring an additional 1,860,937 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $51.54 on Friday. The stock has a market capitalization of $135.03 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52 week low of $41.48 and a 52 week high of $53.40. The stock has a 50 day moving average price of $51.62 and a two-hundred day moving average price of $50.47.

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.