Mountain Capital Investment Advisors Inc. Has $1.02 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Mountain Capital Investment Advisors Inc. cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 32.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,457 shares of the company’s stock after selling 7,534 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 0.2% of Mountain Capital Investment Advisors Inc.’s holdings, making the stock its 22nd biggest position. Mountain Capital Investment Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,017,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Nova Wealth Management Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after purchasing an additional 253 shares during the period. GGM Financials LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $27,000. Ulland Investment Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 242 shares during the period. Cloud Capital Management LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the third quarter worth $37,000. Finally, Quaker Wealth Management LLC boosted 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 worth $39,000 after purchasing an additional 611 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.0%

Shares of VEA stock opened at $67.69 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $51.77 and a 12-month high of $70.55. The firm has a market capitalization of $217.10 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The firm has a fifty day moving average of $66.61 and a 200-day moving average of $64.10.

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.