GreatBanc Trust CO Trims Stake in Vanguard FTSE Developed Markets ETF $VEA

GreatBanc Trust CO lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 44.2% during the 4th quarter, HoldingsChannel reports. The fund owned 17,325 shares of the company’s stock after selling 13,710 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 0.8% of GreatBanc Trust CO’s investment portfolio, making the stock its 19th largest holding. GreatBanc Trust CO’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,082,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in VEA. Brighton Jones LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after acquiring an additional 107,649 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after acquiring an additional 39,653 shares during the period. Capstone Wealth Management Group LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $209,000. Squarepoint Ops LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $7,001,000. Finally, Glenview Trust co increased its stake in Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after buying an additional 297 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $71.31 on Friday. The company has a market capitalization of $228.71 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12 month low of $54.63 and a 12 month high of $72.32. The firm’s 50-day moving average is $69.20 and its 200 day moving average is $66.34.

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.