Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by First Hawaiian Bank

First Hawaiian Bank reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,906 shares of the company’s stock after selling 978 shares during the period. First Hawaiian Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,720,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Enterprise Bank & Trust Co increased its holdings in Vanguard FTSE Developed Markets ETF by 13.0% in the second quarter. Enterprise Bank & Trust Co now owns 25,687 shares of the company’s stock valued at $1,186,000 after buying an additional 2,946 shares during the last quarter. Stonehearth Capital Management LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 18.2% in the second quarter. Stonehearth Capital Management LLC now owns 147,750 shares of the company’s stock valued at $6,823,000 after buying an additional 22,765 shares during the last quarter. Armstrong Advisory Group Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 45.4% in the second quarter. Armstrong Advisory Group Inc. now owns 3,797 shares of the company’s stock valued at $175,000 after buying an additional 1,186 shares during the last quarter. InTrack Investment Management Inc increased its holdings in Vanguard FTSE Developed Markets ETF by 50.4% in the second quarter. InTrack Investment Management Inc now owns 19,558 shares of the company’s stock valued at $903,000 after buying an additional 6,558 shares during the last quarter. Finally, FC Advisory LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 2.7% in the second quarter. FC Advisory LLC now owns 75,751 shares of the company’s stock valued at $3,498,000 after buying an additional 1,985 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $45.81 on Friday. The stock’s 50-day moving average is $46.04 and its two-hundred day moving average is $45.66. The firm has a market cap of $112.69 billion, a price-to-earnings ratio of 11.40 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 1 year low of $35.42 and a 1 year high of $47.81.

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.