Stonehearth Capital Management LLC Sells 140,683 Shares of Vanguard FTSE Developed Markets ETF $VEA

Stonehearth Capital Management LLC decreased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 80.3% in the first quarter, HoldingsChannel.com reports. The fund owned 34,551 shares of the company’s stock after selling 140,683 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 0.9% of Stonehearth Capital Management LLC’s portfolio, making the stock its 17th largest holding. Stonehearth Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,214,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Nova Wealth Management Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 151.5% in the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares in the last quarter. GGM Financials LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at about $27,000. Ulland Investment Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $35,000. Finally, Quaker Wealth Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after buying an additional 611 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $70.17 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1 year low of $55.68 and a 1 year high of $73.23. The company has a market cap of $225.05 billion, a P/E ratio of 16.34 and a beta of 0.83. The firm has a 50-day moving average of $70.15 and a 200 day moving average of $66.94.

About Vanguard FTSE Developed Markets ETF

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.