Sowell Financial Services LLC Has $2.37 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sowell Financial Services LLC decreased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,604 shares of the company’s stock after selling 5,938 shares during the quarter. Sowell Financial Services LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,369,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Montecito Bank & Trust boosted its stake in Vanguard FTSE Developed Markets ETF by 6.9% in the 1st quarter. Montecito Bank & Trust now owns 42,821 shares of the company’s stock valued at $2,177,000 after buying an additional 2,767 shares in the last quarter. Cyndeo Wealth Partners LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 47.8% during the first quarter. Cyndeo Wealth Partners LLC now owns 38,317 shares of the company’s stock valued at $1,948,000 after acquiring an additional 12,390 shares during the period. Hanson & Doremus Investment Management lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.9% during the first quarter. Hanson & Doremus Investment Management now owns 767,714 shares of the company’s stock valued at $39,023,000 after acquiring an additional 42,884 shares during the period. Stillwater Capital Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 5.7% in the 1st quarter. Stillwater Capital Advisors LLC now owns 119,683 shares of the company’s stock valued at $6,084,000 after purchasing an additional 6,441 shares in the last quarter. Finally, Rebalance LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the 1st quarter. Rebalance LLC now owns 1,754,098 shares of the company’s stock worth $89,161,000 after purchasing an additional 4,638 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.5%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $56.45 on Tuesday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $56.91. The stock has a market capitalization of $160.88 billion, a P/E ratio of 16.52 and a beta of 0.87. The company has a 50-day simple moving average of $53.61 and a 200 day simple moving average of $51.28.

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.