Spinnaker Investment Group LLC Reduces Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Spinnaker Investment Group LLC decreased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,249 shares of the company’s stock after selling 909 shares during the period. Spinnaker Investment Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $521,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Whalen Wealth Management Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 9.0% during the 1st quarter. Whalen Wealth Management Inc. now owns 8,057 shares of the company’s stock worth $410,000 after buying an additional 665 shares during the period. Moser Wealth Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF by 3.7% during the 1st quarter. Moser Wealth Advisors LLC now owns 59,097 shares of the company’s stock worth $3,004,000 after buying an additional 2,120 shares during the period. Jmac Enterprises LLC increased its stake in Vanguard FTSE Developed Markets ETF by 5.6% during the 1st quarter. Jmac Enterprises LLC now owns 203,577 shares of the company’s stock worth $10,348,000 after buying an additional 10,770 shares during the period. Encompass Wealth Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF by 1.2% during the 1st quarter. Encompass Wealth Advisors LLC now owns 114,193 shares of the company’s stock worth $5,804,000 after buying an additional 1,323 shares during the period. Finally, Rodgers & Associates LTD increased its stake in Vanguard FTSE Developed Markets ETF by 5.6% during the 1st quarter. Rodgers & Associates LTD now owns 310,058 shares of the company’s stock worth $15,760,000 after buying an additional 16,522 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $55.00 on Monday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $56.91. The company has a market capitalization of $156.75 billion, a price-to-earnings ratio of 16.52 and a beta of 0.87. The firm’s fifty day moving average price is $54.15 and its 200 day moving average price is $51.42.

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.