Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Investment Advisory Group LLC

Investment Advisory Group LLC lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 8,518 shares of the company’s stock after selling 629 shares during the period. Investment Advisory Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $408,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in VEA. Pacific Center for Financial Services purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $25,000. Versant Capital Management Inc purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $29,000. Sunbelt Securities Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $29,000. Investment Research & Advisory Group Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 273.9% in the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after buying an additional 515 shares during the period. Finally, Castleview Partners LLC boosted its position in Vanguard FTSE Developed Markets ETF by 307.2% in the 2nd quarter. Castleview Partners LLC now owns 790 shares of the company’s stock valued at $36,000 after buying an additional 596 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 1.0 %

VEA stock traded down $0.48 during midday trading on Tuesday, hitting $47.88. The company’s stock had a trading volume of 8,828,063 shares, compared to its average volume of 11,599,528. Vanguard FTSE Developed Markets ETF has a 52-week low of $41.48 and a 52-week high of $50.36. The firm has a market capitalization of $125.45 billion, a P/E ratio of 13.31 and a beta of 0.88. The firm has a 50-day simple moving average of $49.10 and a 200-day simple moving average of $46.77.

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.