First Citizens Bank & Trust Co. Trims Stock Position in Vanguard FTSE Developed Markets ETF $VEA

First Citizens Bank & Trust Co. lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.4% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 198,935 shares of the company’s stock after selling 9,129 shares during the period. First Citizens Bank & Trust Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,748,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Acumen Wealth Advisors LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1,611.6% in the first quarter. Acumen Wealth Advisors LLC now owns 181,839 shares of the company’s stock worth $11,652,000 after buying an additional 171,215 shares during the last quarter. First Trust Advisors LP increased its holdings in Vanguard FTSE Developed Markets ETF by 4.9% during the first quarter. First Trust Advisors LP now owns 41,059 shares of the company’s stock valued at $2,631,000 after buying an additional 1,932 shares during the last quarter. Marin Bay Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $2,891,000. Cascade Wealth Advisors Inc bought a new position in Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $205,000. Finally, HORAN Wealth LLC raised its position in Vanguard FTSE Developed Markets ETF by 100.0% in the first quarter. HORAN Wealth LLC now owns 43,968 shares of the company’s stock worth $2,766,000 after acquiring an additional 21,984 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $70.47 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1 year low of $55.68 and a 1 year high of $73.23. The firm has a fifty day moving average price of $70.82 and a 200-day moving average price of $68.09. The company has a market cap of $228.32 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.