Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Exchange Capital Management Inc.

Exchange Capital Management Inc. lessened its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,363 shares of the company’s stock after selling 445 shares during the quarter. Exchange Capital Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $413,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Alexander Randolph Advisory Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $424,000. NewSquare Capital LLC increased its stake in Vanguard FTSE Developed Markets ETF by 2.8% in the fourth 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 last quarter. Apollon Wealth Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 41.4% during the fourth quarter. Apollon Wealth Management LLC now owns 493,983 shares of the company’s stock worth $23,662,000 after buying an additional 144,542 shares during the period. Golden Road Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $3,042,000. Finally, Heritage Wealth Advisors boosted its stake in Vanguard FTSE Developed Markets ETF by 2,021.7% in the 4th quarter. Heritage Wealth Advisors now owns 9,696 shares of the company’s stock worth $464,000 after buying an additional 9,239 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA traded down $0.25 during trading hours on Thursday, reaching $51.47. 2,206,772 shares of the company were exchanged, compared to its average volume of 10,002,011. The firm has a market cap of $134.85 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The stock has a 50 day simple moving average of $49.98 and a 200 day simple moving average of $49.63. Vanguard FTSE Developed Markets ETF has a 52-week low of $41.48 and a 52-week high of $51.87.

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.