Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Smith Moore & CO.

Smith Moore & CO. lowered its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 259,464 shares of the company’s stock after selling 4,802 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 1.6% of Smith Moore & CO.’s holdings, making the stock its 13th biggest position. Smith Moore & CO.’s holdings in Vanguard FTSE Developed Markets ETF were worth $11,720,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kalos Management Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth $25,000. Corrado Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $27,000. Tucker Asset Management LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the first quarter valued at $33,000. Magnolia Capital Management Ltd. acquired a new stake in Vanguard FTSE Developed Markets ETF during the first quarter valued at $33,000. Finally, CarsonAllaria Wealth Management Ltd. acquired a new stake in Vanguard FTSE Developed Markets ETF during the first quarter valued at $35,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock traded up $0.05 during midday trading on Friday, hitting $45.10. 2,421,132 shares of the stock traded hands, compared to its average volume of 9,841,140. The firm has a market cap of $110.95 billion, a P/E ratio of 11.40 and a beta of 0.89. The stock’s fifty day simple moving average is $46.11 and its 200-day simple moving average is $45.64. Vanguard FTSE Developed Markets ETF has a 1-year low of $35.42 and a 1-year high of $47.81.

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.