Spectrum Asset Management Inc. NB CA Trims Stake in Vanguard FTSE Developed Markets ETF $VEA

Spectrum Asset Management Inc. NB CA lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report) by 5.2% in the 2nd quarter, Holdings Channel reports. The firm owned 12,599 shares of the company’s stock after selling 687 shares during the quarter. Spectrum Asset Management Inc. NB CA’s holdings in Vanguard FTSE Developed Markets ETF were worth $718,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Kessler Investment Group LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the first quarter worth $26,000. von Borstel & Associates Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at $26,000. Financial Network Wealth Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth about $26,000. Financial Gravity Asset Management Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth about $28,000. Finally, Nemes Rush Group LLC increased its stake in Vanguard FTSE Developed Markets ETF by 236.5% in the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after buying an additional 402 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $60.65 on Wednesday. The stock has a market cap of $178.27 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The firm has a 50-day moving average of $58.99 and a two-hundred day moving average of $55.81. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $61.32.

Vanguard FTSE Developed Markets ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding VEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report).

Institutional Ownership by Quarter for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

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