Peak Financial Management Inc. Sells 2,325 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Peak Financial Management Inc. trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,011 shares of the company’s stock after selling 2,325 shares during the quarter. Peak Financial Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,100,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VEA. Kozak & Associates Inc. raised its position in Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares during the period. Decker Retirement Planning Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $29,000. Lummis Asset Management LP purchased a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at $34,000. West Branch Capital LLC lifted its position in Vanguard FTSE Developed Markets ETF by 328.2% in the third quarter. West Branch Capital LLC now owns 835 shares of the company’s stock worth $44,000 after buying an additional 640 shares during the last quarter. Finally, Atwood & Palmer Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $42,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.6 %

Shares of VEA opened at $50.02 on Monday. The company’s fifty day simple moving average is $49.03 and its 200-day simple moving average is $50.28. The company has a market cap of $131.05 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.72 and a twelve month high of $53.40.

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.