Parthenon LLC Reduces Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Parthenon LLC reduced its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,976 shares of the company’s stock after selling 1,035 shares during the period. Parthenon LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,872,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VEA. Bryn Mawr Capital Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 9.6% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 668,370 shares of the company’s stock valued at $31,961,000 after purchasing an additional 58,569 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 7.3% in the 4th quarter. Private Advisor Group LLC now owns 908,782 shares of the company’s stock valued at $43,458,000 after buying an additional 61,857 shares during the period. Parker Financial LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 10.7% in the fourth quarter. Parker Financial LLC now owns 772,138 shares of the company’s stock worth $36,745,000 after buying an additional 74,465 shares during the last quarter. Financial Perspectives Inc raised its position in Vanguard FTSE Developed Markets ETF by 9.5% during the fourth quarter. Financial Perspectives Inc now owns 17,027 shares of the company’s stock valued at $814,000 after acquiring an additional 1,473 shares in the last quarter. Finally, Flagstar Advisors Inc. raised its position in Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Flagstar Advisors Inc. now owns 30,733 shares of the company’s stock valued at $1,470,000 after acquiring an additional 622 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $51.41 on Thursday. The stock has a market capitalization of $134.69 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The firm’s 50 day simple moving average is $49.24 and its 200-day simple moving average is $50.29. Vanguard FTSE Developed Markets ETF has a 12 month low of $46.79 and a 12 month high of $53.40.

Vanguard FTSE Developed Markets ETF Company 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.