Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Castle Wealth Management LLC

Castle Wealth Management LLC lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 56,034 shares of the company’s stock after selling 7,045 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 1.6% of Castle Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position. Castle Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,684,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Mcmorgan & Co. LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 1.2% in the 4th quarter. Mcmorgan & Co. LLC now owns 19,325 shares of the company’s stock valued at $811,000 after purchasing an additional 221 shares in the last quarter. Wolff Wiese Magana LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 27.6% in the 4th quarter. Wolff Wiese Magana LLC now owns 1,046 shares of the company’s stock valued at $50,000 after purchasing an additional 226 shares in the last quarter. Optimum Investment Advisors lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.7% in the 3rd quarter. Optimum Investment Advisors now owns 9,022 shares of the company’s stock valued at $394,000 after purchasing an additional 233 shares in the last quarter. Red Tortoise LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 0.7% in the 4th quarter. Red Tortoise LLC now owns 36,081 shares of the company’s stock valued at $1,728,000 after purchasing an additional 235 shares in the last quarter. Finally, Emerald Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 3.6% in the 4th quarter. Emerald Advisors LLC now owns 6,896 shares of the company’s stock valued at $330,000 after purchasing an additional 237 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.1 %

VEA stock traded up $0.03 during midday trading on Friday, reaching $47.86. The stock had a trading volume of 13,900,237 shares, compared to its average volume of 11,773,743. The company’s fifty day simple moving average is $49.13 and its 200 day simple moving average is $46.84. The company has a market cap of $125.39 billion, a price-to-earnings ratio of 13.31 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 $50.36.

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.