Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Forum Financial Management LP

Forum Financial Management LP lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,893 shares of the company’s stock after selling 2,468 shares during the quarter. Forum Financial Management LP’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,349,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in VEA. Brooklyn FI LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 6,702.3% during the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock worth $1,806,348,000 after purchasing an additional 35,468,345 shares during the last quarter. Bank of America Corp DE lifted its stake in Vanguard FTSE Developed Markets ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after buying an additional 10,807,527 shares during the last quarter. Betterment LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 8.0% in the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after buying an additional 10,132,168 shares during the last quarter. LPL Financial LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 21.3% in the fourth quarter. LPL Financial LLC now owns 27,040,599 shares of the company’s stock valued at $1,293,081,000 after buying an additional 4,757,301 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its stake in Vanguard FTSE Developed Markets ETF by 15.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 24,925,827 shares of the company’s stock valued at $1,191,953,000 after buying an additional 3,324,648 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $56.64 on Thursday. The stock has a market capitalization of $163.38 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $57.39. The stock’s fifty day moving average is $55.85 and its two-hundred day moving average is $52.34.

Vanguard FTSE Developed Markets ETF 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.