Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Steph & Co.

Steph & Co. cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,513 shares of the company’s stock after selling 860 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 1.2% of Steph & Co.’s investment portfolio, making the stock its 19th largest position. Steph & Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,372,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VEA. GW Henssler & Associates Ltd. acquired a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth $244,000. Keener Financial Planning LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $25,125,000. Morton Brown Family Wealth LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 6.9% during the fourth quarter. Morton Brown Family Wealth LLC now owns 350,815 shares of the company’s stock worth $16,804,000 after buying an additional 22,651 shares during the period. Stratos Investment Management LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 2.3% during the fourth quarter. Stratos Investment Management LLC now owns 145,862 shares of the company’s stock worth $6,987,000 after buying an additional 3,221 shares during the period. Finally, Asset Planning Corporation increased its stake in shares of Vanguard FTSE Developed Markets ETF by 4.1% during the fourth quarter. Asset Planning Corporation now owns 311,835 shares of the company’s stock worth $14,937,000 after buying an additional 12,235 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock traded up $0.03 during trading hours on Wednesday, reaching $47.88. 12,165,780 shares of the stock were exchanged, compared to its average volume of 11,716,257. The business’s fifty day moving average is $49.11 and its two-hundred day moving average is $46.79. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $50.36. The firm has a market capitalization of $125.45 billion, a P/E ratio of 13.31 and a beta of 0.88.

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.