Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Welch & Forbes LLC

Welch & Forbes LLC lowered its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.5% during the fourth quarter, Holdings Channel reports. The fund owned 967,383 shares of the company’s stock after selling 14,775 shares during the quarter. Welch & Forbes LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $60,432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VEA. Brighton Jones LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after acquiring an additional 39,653 shares during the period. Capstone Wealth Management Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth $209,000. Squarepoint Ops LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $7,001,000. Finally, Glenview Trust co increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after acquiring an additional 297 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $71.77 on Friday. The company’s fifty day moving average price is $67.82 and its 200 day moving average price is $65.66. Vanguard FTSE Developed Markets ETF has a 1 year low of $54.63 and a 1 year high of $72.23. The company has a market capitalization of $230.19 billion, a PE 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.