Ritholtz Wealth Management Sells 156,151 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Ritholtz Wealth Management cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 47.0% in the 1st quarter, Holdings Channel reports. The firm owned 176,078 shares of the company’s stock after selling 156,151 shares during the period. Ritholtz Wealth Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,950,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VEA. Brooklyn FI LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 6,702.3% in the 4th quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock worth $1,806,348,000 after purchasing an additional 35,468,345 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $563,154,000. Bank of America Corp DE increased its stake in shares of Vanguard FTSE Developed Markets ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock worth $8,387,299,000 after acquiring an additional 10,807,527 shares in the last quarter. Betterment LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 8.0% in the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock worth $6,574,541,000 after acquiring an additional 10,132,168 shares in the last quarter. Finally, US Bancorp DE increased its stake in shares of Vanguard FTSE Developed Markets ETF by 56.6% in the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock worth $1,138,726,000 after acquiring an additional 8,608,172 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $56.17 on Friday. The company has a 50-day moving average of $53.40 and a 200 day moving average of $51.23. The firm has a market cap of $160.08 billion, a price-to-earnings ratio of 16.52 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $56.90.

Vanguard FTSE Developed Markets ETF Company 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.