Hazlett Burt & Watson Inc. Cuts Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Hazlett Burt & Watson Inc. decreased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 62.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,302 shares of the company’s stock after selling 2,200 shares during the period. Hazlett Burt & Watson Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $75,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VEA. Kessler Investment Group LLC bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $26,000. von Borstel & Associates Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $26,000. Financial Network Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $28,000. Finally, Nemes Rush Group LLC lifted its position in Vanguard FTSE Developed Markets ETF by 236.5% during the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after purchasing an additional 402 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 1.0%

VEA opened at $59.80 on Tuesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.32. The company has a market capitalization of $178.18 billion, a PE ratio of 16.34 and a beta of 0.89. The firm’s 50 day simple moving average is $59.28 and its two-hundred day simple moving average is $56.07.

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.