Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Tortoise Investment Management LLC

Tortoise Investment Management LLC trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 172,553 shares of the company’s stock after selling 4,850 shares during the quarter. Tortoise Investment Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,251,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of VEA. WealthNavi Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 7.2% during the fourth quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock valued at $2,363,599,000 after buying an additional 3,331,395 shares in the last quarter. US Bancorp DE lifted its position in shares of Vanguard FTSE Developed Markets ETF by 56.6% during the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock worth $1,138,726,000 after purchasing an additional 8,608,172 shares during the last quarter. LPL Financial LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock worth $1,176,781,000 after purchasing an additional 954,457 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Vanguard FTSE Developed Markets ETF by 6.1% during the fourth quarter. Bank of New York Mellon Corp now owns 16,564,449 shares of the company’s stock valued at $792,112,000 after acquiring an additional 957,258 shares during the period. Finally, Captrust Financial Advisors increased its stake in Vanguard FTSE Developed Markets ETF by 7.2% during the third quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock valued at $867,773,000 after acquiring an additional 1,103,351 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 1.1 %

Shares of VEA opened at $52.58 on Monday. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.79 and a 12-month high of $53.40. The firm has a market capitalization of $147.75 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92. The stock’s 50-day moving average price is $49.94 and its 200 day moving average price is $50.47.

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.