Flputnam Investment Management Co. Has $19.64 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Flputnam Investment Management Co. lessened its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.9% during the second quarter, Holdings Channel.com reports. The fund owned 275,711 shares of the company’s stock after selling 14,285 shares during the period. Flputnam Investment Management Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $19,644,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position 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 purchasing an additional 107,649 shares during the period. Revolve Wealth Partners LLC lifted its position in Vanguard FTSE Developed Markets ETF by 47.3% during the fourth 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 during the period. Capstone Wealth Management Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth about $209,000. Squarepoint Ops LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the second quarter worth about $7,001,000. Finally, Glenview Trust co increased its holdings in Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after buying an additional 297 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.5%

VEA stock opened at $73.06 on Friday. The company’s 50-day moving average price is $71.45 and its two-hundred day moving average price is $69.41. The firm has a market cap of $236.71 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12 month low of $57.81 and a 12 month high of $74.04.

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.