Legacy Financial Group LLC Sells 58,786 Shares of Vanguard FTSE Developed Markets ETF $VEA

Legacy Financial Group LLC lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 40.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 88,104 shares of the company’s stock after selling 58,786 shares during the quarter. Legacy Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,885,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 47.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares in the last quarter. Capstone Wealth Management Group LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $209,000. Squarepoint Ops LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $7,001,000. Finally, Glenview Trust co increased its stake in Vanguard FTSE Developed Markets ETF by 1.8% during the 2nd quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after purchasing an additional 297 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $70.56 on Friday. The company has a 50-day simple moving average of $66.68 and a two-hundred day simple moving average of $64.95. The stock has a market capitalization of $226.30 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $54.04 and a 52-week high of $71.12.

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.