Northland Capital Management LLC Sells 37,282 Shares of Vanguard FTSE Developed Markets ETF $VEA

Northland Capital Management LLC decreased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 33.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,367 shares of the company’s stock after selling 37,282 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 2.6% of Northland Capital Management LLC’s portfolio, making the stock its 14th biggest holding. Northland Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,646,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Nova Wealth Management Inc. raised its stake in 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 acquiring an additional 253 shares during the period. GGM Financials LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth approximately $27,000. Ulland Investment Advisors LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 242 shares during the period. Cloud Capital Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $37,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $51,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $64.64 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $70.55. The company’s fifty day moving average price is $66.41 and its 200-day moving average price is $63.33. The company has a market capitalization of $204.18 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

Vanguard FTSE Developed Markets ETF 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.