CGN Advisors LLC Sells 18,522 Shares of Vanguard FTSE Developed Markets ETF $VEA

CGN Advisors LLC reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.0% during the second quarter, HoldingsChannel reports. The firm owned 186,362 shares of the company’s stock after selling 18,522 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 1.0% of CGN Advisors LLC’s portfolio, making the stock its 20th biggest holding. CGN Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $13,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of VEA. Strategic Wealth Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth $35,000. Quaker Wealth Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after buying an additional 611 shares in the last quarter. Tidemark LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 80.9% during the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after acquiring an additional 279 shares during the last quarter. Strategic Advocates LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 66.1% during the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after acquiring an additional 248 shares during the last quarter. Finally, Cornerstone Financial Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth $39,000.

Vanguard FTSE Developed Markets ETF Stock Up 1.7%

VEA opened at $72.22 on Wednesday. The stock has a market cap of $233.99 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52 week low of $56.69 and a 52 week high of $73.23. The business’s fifty day simple moving average is $70.84 and its 200 day simple moving average is $68.54.

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.