Taylor & Morgan Wealth Management LLC Lowers Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Taylor & Morgan Wealth Management LLC reduced its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 19,477 shares of the company’s stock after selling 996 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 0.7% of Taylor & Morgan Wealth Management LLC’s portfolio, making the stock its 25th biggest position. Taylor & Morgan Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $931,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Kozak & Associates Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares during the period. Decker Retirement Planning Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $29,000. Lummis Asset Management LP purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $34,000. Abich Financial Wealth Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after acquiring an additional 713 shares in the last quarter. Finally, Fairscale Capital LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $38,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $48.57 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $46.33 and a one year high of $53.40. The company has a market capitalization of $127.25 billion, a PE ratio of 13.32 and a beta of 0.88. The company has a 50-day simple moving average of $49.02 and a two-hundred day simple moving average of $50.30.

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.