Old North State Trust LLC Decreases Position in Vanguard FTSE Developed Markets ETF $VEA

Old North State Trust LLC trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 16.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 38,065 shares of the company’s stock after selling 7,454 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 1.4% of Old North State Trust LLC’s investment portfolio, making the stock its 13th largest holding. Old North State Trust LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,378,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in VEA. Nova Wealth Management Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after buying an additional 253 shares during the last quarter. GGM Financials LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $27,000. Ulland Investment Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth $35,000. Finally, Quaker Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after acquiring an additional 611 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $72.31 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.63 and a 1-year high of $73.23. The stock has a market cap of $231.92 billion, a PE ratio of 16.34 and a beta of 0.83. The firm has a fifty day moving average price of $70.01 and a 200 day moving average price of $66.77.

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.