Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Wedmont Private Capital

Wedmont Private Capital trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 3,128,379 shares of the company’s stock after selling 34,461 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 7.8% of Wedmont Private Capital’s holdings, making the stock its largest holding. Wedmont Private Capital’s holdings in Vanguard FTSE Developed Markets ETF were worth $148,692,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kozak & Associates Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares in the last quarter. Lummis Asset Management LP purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth approximately $34,000. Spectrum Wealth Counsel LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at approximately $33,000. Abich Financial Wealth Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 2,458.6% during the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after acquiring an additional 713 shares during the period. Finally, Fairscale Capital LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at $38,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.5 %

Shares of NYSEARCA:VEA traded down $0.22 on Monday, reaching $47.31. 9,456,188 shares of the company were exchanged, compared to its average volume of 12,135,027. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.91 and a 1-year high of $53.40. The company has a 50-day moving average of $49.27 and a 200-day moving average of $50.37. The firm has a market cap of $123.95 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.