Parsons Capital Management Inc. RI Trims Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Parsons Capital Management Inc. RI lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 175,880 shares of the company’s stock after selling 1,499 shares during the period. Parsons Capital Management Inc. RI’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,411,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Sunbelt Securities Inc. raised its position in Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock valued at $578,000 after purchasing an additional 205 shares during the period. Patriot Financial Group Insurance Agency LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after buying an additional 205 shares in the last quarter. Optimum Investment Advisors raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the 3rd quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock valued at $668,000 after buying an additional 207 shares during the period. Olistico Wealth LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 13.9% during the 3rd quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock worth $90,000 after acquiring an additional 208 shares in the last quarter. Finally, MTM Investment Management LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 1.5% during the 3rd quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock worth $743,000 after acquiring an additional 208 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $50.02 on Monday. The stock has a market capitalization of $131.05 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The business has a 50-day moving average of $49.03 and a 200 day moving average of $50.28. Vanguard FTSE Developed Markets ETF has a 12 month low of $46.72 and a 12 month high of $53.40.

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.