Parsons Capital Management Inc. RI Cuts Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Parsons Capital Management Inc. RI trimmed its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 175,880 shares of the company’s stock after selling 1,499 shares during the period. Parsons Capital Management Inc. RI’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,411,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of VEA. Kozak & Associates Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 268.0% during the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares during the last quarter. Decker Retirement Planning Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $29,000. Lummis Asset Management LP purchased a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth approximately $34,000. West Branch Capital LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 328.2% during the 3rd quarter. West Branch Capital LLC now owns 835 shares of the company’s stock worth $44,000 after purchasing an additional 640 shares during the last quarter. Finally, Atwood & Palmer Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $42,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $50.02 on Monday. The business’s 50 day moving average price is $49.03 and its 200 day moving average price is $50.28. The company has a market cap of $131.05 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $46.72 and a one year high of $53.40.

Vanguard FTSE Developed Markets ETF 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.