Davidson Trust Co. Cuts Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Davidson Trust Co. lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 22,806 shares of the company’s stock after selling 223 shares during the quarter. Davidson Trust Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,092,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in VEA. Pacific Center for Financial Services purchased a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter valued at $25,000. Versant Capital Management Inc purchased a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $29,000. Sunbelt Securities Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter valued at $29,000. Investment Research & Advisory Group Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 273.9% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after purchasing an additional 515 shares during the last quarter. Finally, Castleview Partners LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 307.2% during the 2nd quarter. Castleview Partners LLC now owns 790 shares of the company’s stock valued at $36,000 after purchasing an additional 596 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.2 %

VEA traded up $0.10 during trading on Friday, hitting $47.93. 6,354,466 shares of the company’s stock traded hands, compared to its average volume of 11,667,527. The company’s 50 day simple moving average is $49.12 and its two-hundred day simple moving average is $46.81. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $50.36. The stock has a market capitalization of $125.58 billion, a price-to-earnings ratio of 13.31 and a beta of 0.88.

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.