Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Market Street Wealth Management Advisors LLC

Market Street Wealth Management Advisors LLC cut its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,842 shares of the company’s stock after selling 226 shares during the quarter. Market Street Wealth Management Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $408,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VEA. Oliver Lagore Vanvalin Investment Group purchased a new stake in Vanguard FTSE Developed Markets ETF during the first quarter valued at about $25,000. Kalos Management Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $25,000. Pacific Center for Financial Services acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $25,000. Sunbelt Securities Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $29,000. Finally, Tucker Asset Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth approximately $33,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $45.25 on Tuesday. The firm’s 50 day moving average price is $46.07 and its two-hundred day moving average price is $45.69. The stock has a market cap of $111.32 billion, a price-to-earnings ratio of 11.40 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a twelve month low of $35.42 and a twelve month 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.