Vanguard FTSE Developed Markets ETF $VEA Holdings Lowered by Virtue Capital Management LLC

Virtue Capital Management LLC cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 53.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,082 shares of the company’s stock after selling 4,625 shares during the period. Virtue Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $233,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Scotia Capital Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 52.1% in the second quarter. Scotia Capital Inc. now owns 25,085 shares of the company’s stock valued at $1,430,000 after buying an additional 8,592 shares in the last quarter. Level Four Advisory Services LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 93.6% during the second quarter. Level Four Advisory Services LLC now owns 81,664 shares of the company’s stock worth $4,656,000 after purchasing an additional 39,476 shares during the period. Stevens Capital Partners raised its position in shares of Vanguard FTSE Developed Markets ETF by 32.5% during the second quarter. Stevens Capital Partners now owns 31,378 shares of the company’s stock worth $1,799,000 after purchasing an additional 7,701 shares during the period. Mayfair Advisory Group LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.8% during the second quarter. Mayfair Advisory Group LLC now owns 14,523 shares of the company’s stock valued at $843,000 after purchasing an additional 660 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $48,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $61.57 on Friday. The company has a 50-day moving average of $60.59 and a two-hundred day moving average of $58.41. The stock has a market cap of $183.45 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $62.20.

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.