First Hawaiian Bank Decreases Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

First Hawaiian Bank cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 45.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,539 shares of the company’s stock after selling 21,889 shares during the period. First Hawaiian Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,312,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Alexander Randolph Advisory Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $424,000. GW Henssler & Associates Ltd. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at approximately $244,000. Keener Financial Planning LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $25,125,000. NewSquare Capital LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 2.8% during the 4th quarter. NewSquare Capital LLC now owns 321,863 shares of the company’s stock valued at $15,417,000 after purchasing an additional 8,654 shares during the period. Finally, Apollon Wealth Management LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 41.4% during the 4th quarter. Apollon Wealth Management LLC now owns 493,983 shares of the company’s stock worth $23,662,000 after purchasing an additional 144,542 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA traded up $0.14 during trading hours on Tuesday, hitting $47.74. The company had a trading volume of 10,556,571 shares, compared to its average volume of 10,324,275. The firm has a 50 day simple moving average of $50.17 and a 200 day simple moving average of $49.44. Vanguard FTSE Developed Markets ETF has a 52 week low of $41.48 and a 52 week high of $51.68. The firm has a market capitalization of $125.08 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.