Sterling Financial Planning Inc. Lowers Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sterling Financial Planning Inc. decreased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,366 shares of the company’s stock after selling 2,183 shares during the period. Sterling Financial Planning Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,029,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Pacific Center for Financial Services acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at about $25,000. Versant Capital Management Inc acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $29,000. Sunbelt Securities Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at about $29,000. Investment Research & Advisory Group Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 273.9% in the fourth quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after purchasing an additional 515 shares during the period. Finally, Castleview Partners LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 307.2% in the second quarter. Castleview Partners LLC now owns 790 shares of the company’s stock valued at $36,000 after purchasing an additional 596 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA traded down $0.05 during midday trading on Thursday, reaching $47.83. 13,900,267 shares of the company’s stock were exchanged, compared to its average volume of 11,745,382. The stock has a market capitalization of $125.31 billion, a PE ratio of 13.31 and a beta of 0.88. The business’s 50-day moving average price is $49.12 and its 200 day moving average price is $46.80. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $50.36.

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.