Sterling Investment Management LLC Has $1.07 Million Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sterling Investment Management LLC decreased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,296 shares of the company’s stock after selling 551 shares during the period. Sterling Investment Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,068,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Moneta Group Investment Advisors LLC lifted its position in Vanguard FTSE Developed Markets ETF by 124,379.2% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 598,876,745 shares of the company’s stock worth $25,134,857,000 after purchasing an additional 598,395,639 shares during the period. Creative Planning lifted its position in Vanguard FTSE Developed Markets ETF by 1.4% in the third quarter. Creative Planning now owns 124,132,310 shares of the company’s stock worth $5,427,065,000 after purchasing an additional 1,726,718 shares during the period. Betterment LLC lifted its position in Vanguard FTSE Developed Markets ETF by 2.6% in the third quarter. Betterment LLC now owns 108,000,000 shares of the company’s stock worth $4,735,356,000 after purchasing an additional 2,711,916 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the third quarter. Jones Financial Companies Lllp now owns 76,186,378 shares of the company’s stock valued at $3,330,868,000 after acquiring an additional 1,341,616 shares during the period. Finally, Morgan Stanley lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.7% during the third quarter. Morgan Stanley now owns 54,759,270 shares of the company’s stock valued at $2,394,075,000 after acquiring an additional 1,930,476 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $50.26 on Thursday. The stock has a market cap of $123.64 billion, a PE ratio of 11.40 and a beta of 0.89. The business has a fifty day moving average of $48.42 and a two-hundred day moving average of $46.29. Vanguard FTSE Developed Markets ETF has a 52-week low of $41.48 and a 52-week high of $50.36.

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.