Avestar Capital LLC Reduces Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Avestar Capital LLC trimmed its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 114,340 shares of the company’s stock after selling 8,029 shares during the period. Avestar Capital LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,468,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC raised its stake in Vanguard FTSE Developed Markets ETF by 5,780.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after buying an additional 10,625,142 shares during the last quarter. Creative Planning grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the third quarter. Creative Planning now owns 145,118,743 shares of the company’s stock worth $7,663,721,000 after acquiring an additional 5,341,481 shares during the period. WealthNavi Inc. increased its position in Vanguard FTSE Developed Markets ETF by 5.6% during the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock valued at $2,434,309,000 after acquiring an additional 2,436,012 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 5,209.5% in the third quarter. International Assets Investment Management LLC now owns 1,895,439 shares of the company’s stock valued at $100,098,000 after acquiring an additional 1,859,740 shares during the period. Finally, Cerity Partners LLC boosted its position in Vanguard FTSE Developed Markets ETF by 12.4% in the third quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock worth $814,998,000 after purchasing an additional 1,700,587 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.2 %

NYSEARCA VEA opened at $50.83 on Thursday. The company has a 50-day moving average price of $49.14 and a 200-day moving average price of $50.24. Vanguard FTSE Developed Markets ETF has a 52 week low of $46.72 and a 52 week high of $53.40. The firm has a market capitalization of $133.17 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.