Pinion Investment Advisors LLC Sells 1,588 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Pinion Investment Advisors LLC trimmed its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,278 shares of the company’s stock after selling 1,588 shares during the period. Pinion Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Kozak & Associates Inc. increased its holdings in shares of 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 during the period. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $29,000. Keystone Financial Group Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $32,000. Lummis Asset Management LP acquired a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth approximately $34,000. Finally, Crews Bank & Trust bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $37,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $51.45 on Tuesday. The firm has a 50-day moving average of $49.62 and a 200-day moving average of $50.44. Vanguard FTSE Developed Markets ETF has a one year low of $46.79 and a one year high of $53.40. The company has a market cap of $144.57 billion, a P/E ratio of 16.75 and a beta of 0.92.

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.