Smithbridge Asset Management Inc. DE Sells 1,388 Shares of Vanguard FTSE Developed Markets ETF $VEA

Smithbridge Asset Management Inc. DE lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,949 shares of the company’s stock after selling 1,388 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,023,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Kessler Investment Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth $26,000. von Borstel & Associates Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth $26,000. Financial Network Wealth Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth $26,000. Financial Gravity Asset Management Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth $28,000. Finally, Nemes Rush Group LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 236.5% during the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after buying an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $60.66 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.32. The firm’s fifty day moving average price is $59.46 and its two-hundred day moving average price is $56.19. The company has a market capitalization of $180.74 billion, a P/E 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.