Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Galvin Gaustad & Stein LLC’s 8th Largest Position

Galvin Gaustad & Stein LLC cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 594,017 shares of the company’s stock after selling 27,368 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 2.5% of Galvin Gaustad & Stein LLC’s portfolio, making the stock its 8th largest holding. Galvin Gaustad & Stein LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $28,406,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Capital Planning Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 3.2% during the fourth quarter. Capital Planning Advisors LLC now owns 416,986 shares of the company’s stock worth $19,940,000 after purchasing an additional 12,753 shares in the last quarter. Cedar Point Capital Partners LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 44.7% during the fourth quarter. Cedar Point Capital Partners LLC now owns 7,356 shares of the company’s stock worth $352,000 after purchasing an additional 2,271 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 1.5% during the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 27,905 shares of the company’s stock worth $1,334,000 after purchasing an additional 415 shares in the last quarter. Whalen Wealth Management Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 82.2% during the fourth quarter. Whalen Wealth Management Inc. now owns 7,392 shares of the company’s stock worth $353,000 after purchasing an additional 3,335 shares in the last quarter. Finally, Avior Wealth Management LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 5.2% during the fourth quarter. Avior Wealth Management LLC now owns 578,984 shares of the company’s stock worth $27,603,000 after purchasing an additional 28,618 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.1 %

NYSEARCA VEA opened at $49.46 on Thursday. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.72 and a 52-week high of $53.40. The stock has a market capitalization of $129.57 billion, a P/E ratio of 13.32 and a beta of 0.88. The firm has a 50-day moving average price of $49.00 and a 200 day moving average price of $50.29.

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.