Sand Hill Global Advisors LLC Cuts Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Sand Hill Global Advisors LLC trimmed its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 323,943 shares of the company’s stock after selling 5,875 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 0.7% of Sand Hill Global Advisors LLC’s portfolio, making the stock its 26th largest holding. Sand Hill Global Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $16,466,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of VEA. Kessler Investment Group LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at $26,000. von Borstel & Associates Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth $26,000. Financial Network Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth $26,000. Financial Gravity Asset Management Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth $28,000. Finally, Chapman Financial Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth $29,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.4%

Shares of NYSEARCA:VEA opened at $58.87 on Monday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $58.95. The stock has a market capitalization of $169.14 billion, a P/E ratio of 16.34 and a beta of 0.89. The firm has a fifty day simple moving average of $56.94 and a two-hundred day simple moving average of $53.75.

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.