Mutual Advisors LLC Lowers Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Mutual Advisors LLC cut its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 699,817 shares of the company’s stock after selling 14,532 shares during the period. Vanguard FTSE Developed Markets ETF comprises 1.0% of Mutual Advisors LLC’s portfolio, making the stock its 12th largest holding. Mutual Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $33,822,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Silver Lake Advisory LLC bought a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $7,496,000. Ironwood Wealth Management LLC. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.4% in the second quarter. Ironwood Wealth Management LLC. now owns 74,598 shares of the company’s stock valued at $3,687,000 after purchasing an additional 4,474 shares in the last quarter. 1832 Asset Management L.P. increased its position in Vanguard FTSE Developed Markets ETF by 64.9% in the second quarter. 1832 Asset Management L.P. now owns 14,474 shares of the company’s stock worth $715,000 after purchasing an additional 5,696 shares during the last quarter. Sfmg LLC bought a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at $326,000. Finally, Insigneo Advisory Services LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 5.2% in the 2nd quarter. Insigneo Advisory Services LLC now owns 11,899 shares of the company’s stock worth $566,000 after buying an additional 589 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.2 %

Shares of NYSEARCA VEA opened at $49.40 on Thursday. The stock has a market capitalization of $129.43 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.60 and a 12-month high of $53.40. The firm’s 50-day moving average price is $49.00 and its 200-day moving average price is $50.29.

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.