Balentine LLC Trims Holdings in Vanguard FTSE Developed Markets ETF $VEA

Balentine LLC trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.0% in the 1st quarter, Holdings Channel reports. The fund owned 403,190 shares of the company’s stock after selling 8,346 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 1.0% of Balentine LLC’s investment portfolio, making the stock its 13th biggest position. Balentine LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $25,836,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Vertrix Wealth Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $1,329,000. Verus Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 0.9% during the first quarter. Verus Wealth Management LLC now owns 58,048 shares of the company’s stock valued at $3,720,000 after buying an additional 521 shares during the last quarter. Severin Investments LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 47.7% in the first quarter. Severin Investments LLC now owns 109,217 shares of the company’s stock worth $6,999,000 after acquiring an additional 35,273 shares in the last quarter. Acorn Financial Advisory Services Inc. ADV boosted its holdings in Vanguard FTSE Developed Markets ETF by 12.4% in the first quarter. Acorn Financial Advisory Services Inc. ADV now owns 771,539 shares of the company’s stock worth $49,440,000 after acquiring an additional 85,148 shares in the last quarter. Finally, Mitchell Mcleod Pugh & Williams Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 6.2% in the first quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 144,115 shares of the company’s stock worth $9,235,000 after acquiring an additional 8,381 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.2%

NYSEARCA VEA opened at $70.36 on Thursday. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23. The stock’s fifty day moving average price is $70.37 and its 200-day moving average price is $67.30. The stock has a market cap of $226.43 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.