Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Horizon Investments LLC

Horizon Investments LLC lessened its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 471,420 shares of the company’s stock after selling 22,476 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 0.7% of Horizon Investments LLC’s portfolio, making the stock its 19th largest holding. Horizon Investments LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $23,962,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of VEA. Kessler Investment Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $26,000. von Borstel & Associates Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $26,000. Financial Network Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $26,000. Financial Gravity Asset Management Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $28,000. Finally, Chapman Financial Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $29,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.2%

NYSEARCA VEA opened at $58.61 on Friday. The stock has a market capitalization of $168.39 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $58.76. The stock has a 50-day moving average of $56.89 and a 200 day moving average of $53.64.

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.