Strategic Financial Concepts LLC Has $9.65 Million Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Strategic Financial Concepts LLC lessened its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 16.3% during the first quarter, HoldingsChannel.com reports. The firm owned 189,748 shares of the company’s stock after selling 36,905 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 1.8% of Strategic Financial Concepts LLC’s holdings, making the stock its 11th biggest holding. Strategic Financial Concepts LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,645,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VEA. Sellwood Investment Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $26,000. Kessler Investment Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $26,000. Chapman Financial Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $29,000. Headlands Technologies LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 65.2% during the 4th quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock valued at $34,000 after acquiring an additional 277 shares during the period. Finally, Dunhill Financial LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 80.6% during the 4th quarter. Dunhill Financial LLC now owns 715 shares of the company’s stock worth $34,000 after purchasing an additional 319 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $57.15 on Thursday. The stock has a market capitalization of $164.19 billion, a P/E ratio of 16.34 and a beta of 0.89. The stock’s fifty day moving average is $55.08 and its 200 day moving average is $51.75. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $57.42.

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.