Savvy Advisors Inc. Sells 11,866 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Savvy Advisors Inc. lessened its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 113,805 shares of the company’s stock after selling 11,866 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 1.2% of Savvy Advisors Inc.’s investment portfolio, making the stock its 15th biggest holding. Savvy Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,010,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Transcendent Capital Group LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 101.2% during the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after acquiring an additional 256 shares during the last quarter. Triad Wealth Partners LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter valued at about $31,000. Spectrum Wealth Counsel LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $33,000. Abich Financial Wealth Management LLC increased its position in Vanguard FTSE Developed Markets ETF by 2,458.6% in the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after purchasing an additional 713 shares during the last quarter. Finally, Fairscale Capital LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $38,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.9 %

NYSEARCA:VEA opened at $49.80 on Tuesday. The company has a market cap of $130.48 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $43.55 and a twelve month high of $53.40. The stock has a fifty day simple moving average of $51.43 and a 200-day simple moving average of $50.69.

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.