Vanguard FTSE Developed Markets ETF $VEA Shares Sold by West Financial Advisors LLC

West Financial Advisors LLC lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.0% in the second quarter, Holdings Channel reports. The firm owned 1,026,448 shares of the company’s stock after selling 42,643 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 11.1% of West Financial Advisors LLC’s holdings, making the stock its 2nd biggest position. West Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $73,134,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VEA. Strategic Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $35,000. Quaker Wealth Management LLC boosted its holdings in shares of 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 buying an additional 611 shares during the period. Tidemark LLC grew its stake in Vanguard FTSE Developed Markets ETF by 80.9% in the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after buying an additional 279 shares during the last quarter. Strategic Advocates LLC grew its stake in Vanguard FTSE Developed Markets ETF by 66.1% in the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after buying an additional 248 shares during the last quarter. Finally, Cornerstone Financial Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $39,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $72.89 on Friday. The company has a market capitalization of $236.16 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a one year low of $57.72 and a one year high of $73.23. The company’s fifty day moving average price is $70.89 and its 200 day moving average price is $68.67.

Vanguard FTSE Developed Markets ETF Company 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.