Folger Nolan Fleming Douglas Capital Management Inc. Cuts Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Folger Nolan Fleming Douglas Capital Management Inc. trimmed its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 18,791 shares of the company’s stock after selling 280 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $992,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Bangor Savings Bank grew its stake in Vanguard FTSE Developed Markets ETF by 0.4% in the second quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock worth $2,535,000 after purchasing an additional 201 shares during the period. Sunbelt Securities Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the 2nd quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock valued at $578,000 after acquiring an additional 205 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after buying an additional 205 shares during the period. Optimum Investment Advisors increased its position in Vanguard FTSE Developed Markets ETF by 1.7% during the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock valued at $668,000 after acquiring an additional 207 shares during the last quarter. Finally, Olistico Wealth LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 13.9% in the 3rd quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock worth $90,000 after purchasing an additional 208 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $50.46 on Thursday. Vanguard FTSE Developed Markets ETF has a one year low of $42.03 and a one year high of $53.40. The firm has a market capitalization of $132.21 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The business has a fifty day moving average price of $51.71 and a 200-day moving average price of $50.55.

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.