Villere ST Denis J & Co. LLC Trims Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Villere ST Denis J & Co. LLC trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 17.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,610 shares of the company’s stock after selling 2,390 shares during the quarter. Villere ST Denis J & Co. LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $662,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kessler Investment Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth approximately $26,000. von Borstel & Associates Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth $26,000. Financial Network Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth $26,000. Financial Gravity Asset Management Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth $28,000. Finally, Nemes Rush Group LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after purchasing an additional 402 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 1.9%

VEA opened at $59.18 on Friday. The stock’s fifty day moving average is $59.22 and its two-hundred day moving average is $55.95. The company has a market capitalization of $176.33 billion, a P/E ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $61.32.

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.