Fortis Capital Advisors LLC Reduces Holdings in Vanguard FTSE Developed Markets ETF $VEA

Fortis Capital Advisors LLC reduced its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,618 shares of the company’s stock after selling 357 shares during the quarter. Fortis Capital Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,461,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Kessler Investment Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. von Borstel & Associates Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $26,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $26,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $28,000. Finally, Nemes Rush Group LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 236.5% in the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after acquiring an additional 402 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $61.06 on Friday. The company’s 50 day simple moving average is $58.84 and its 200 day simple moving average is $55.68. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $61.15. The stock has a market capitalization of $179.48 billion, a PE ratio of 16.34 and a beta of 0.89.

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.