Sagace Wealth Management LLC Sells 1,508 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sagace Wealth Management LLC cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 96,971 shares of the company’s stock after selling 1,508 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 3.7% of Sagace Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. Sagace Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,929,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Sellwood Investment Partners LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $26,000. Chapman Financial Group LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $29,000. Headlands Technologies LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 65.2% during the 4th quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock worth $34,000 after acquiring an additional 277 shares during the period. Dunhill Financial LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 80.6% during the 4th quarter. Dunhill Financial LLC now owns 715 shares of the company’s stock worth $34,000 after acquiring an additional 319 shares during the period. Finally, Roxbury Financial LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $37,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $56.42 on Thursday. The stock’s 50-day simple moving average is $52.97 and its 200 day simple moving average is $51.12. The stock has a market capitalization of $160.80 billion, a price-to-earnings ratio of 16.52 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $56.68.

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.