5th Street Advisors LLC Cuts Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

5th Street Advisors LLC decreased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 289,085 shares of the company’s stock after selling 19,655 shares during the period. Vanguard FTSE Developed Markets ETF makes up 8.2% of 5th Street Advisors LLC’s investment portfolio, making the stock its 5th largest holding. 5th Street Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $14,503,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. Wetzel Investment Advisors Inc. bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $26,000. Versant Capital Management Inc bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $29,000. First Command Advisory Services Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 81.3% during the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after acquiring an additional 309 shares in the last quarter. Investment Research & Advisory Group Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 273.9% during the fourth quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock worth $34,000 after acquiring an additional 515 shares in the last quarter. Finally, Albion Financial Group UT purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $40,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA traded up $0.32 during mid-day trading on Friday, hitting $50.48. 7,272,917 shares of the company traded hands, compared to its average volume of 10,528,680. The stock has a 50-day moving average price of $50.12 and a two-hundred day moving average price of $48.99. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $51.28. The stock has a market cap of $132.26 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.