Frank Rimerman Advisors LLC Reduces Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Frank Rimerman Advisors LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 168,831 shares of the company’s stock after selling 1,317 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 0.6% of Frank Rimerman Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Frank Rimerman Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,073,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Zions Bancorporation N.A. raised its stake in Vanguard FTSE Developed Markets ETF by 48.3% during the 3rd quarter. Zions Bancorporation N.A. now owns 14,983 shares of the company’s stock valued at $791,000 after purchasing an additional 4,878 shares during the period. Curi RMB Capital LLC raised its stake in Vanguard FTSE Developed Markets ETF by 0.7% during the 3rd quarter. Curi RMB Capital LLC now owns 119,743 shares of the company’s stock valued at $6,324,000 after purchasing an additional 789 shares during the period. Lifeworks Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at approximately $314,000. OneDigital Investment Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 2.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 192,111 shares of the company’s stock valued at $10,145,000 after purchasing an additional 4,959 shares during the period. Finally, Balboa Wealth Partners bought a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at approximately $431,000.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $52.20 on Friday. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.80 and a 1 year high of $53.40. The stock’s 50 day simple moving average is $50.31 and its two-hundred day simple moving average is $50.47. The company has a market cap of $146.68 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92.

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.