Traynor Capital Management Inc. Decreases Holdings in Vanguard FTSE Developed Markets ETF $VEA

Traynor Capital Management Inc. trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 53.9% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 7,299 shares of the company’s stock after selling 8,549 shares during the quarter. Traynor Capital Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $437,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in VEA. Princeton Global Asset Management LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 2.6% in the third quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock worth $403,000 after purchasing an additional 168 shares during the last quarter. Smith Salley Wealth Management lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the 3rd quarter. Smith Salley Wealth Management now owns 20,096 shares of the company’s stock valued at $1,204,000 after acquiring an additional 168 shares during the last quarter. Armbruster Capital Management Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the 3rd quarter. Armbruster Capital Management Inc. now owns 62,626 shares of the company’s stock valued at $3,753,000 after acquiring an additional 169 shares during the last quarter. Stanley Laman Group Ltd. boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.5% during the 3rd quarter. Stanley Laman Group Ltd. now owns 11,455 shares of the company’s stock valued at $686,000 after acquiring an additional 169 shares during the period. Finally, PFG Investments LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.9% during the 3rd quarter. PFG Investments LLC now owns 18,087 shares of the company’s stock worth $1,084,000 after acquiring an additional 170 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $67.07 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $67.39. The business’s 50 day simple moving average is $63.21 and its two-hundred day simple moving average is $60.69. The stock has a market capitalization of $207.76 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.