Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Jim Saulnier & Associates LLC

Jim Saulnier & Associates LLC cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 120,164 shares of the company’s stock after selling 11,333 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 4.0% of Jim Saulnier & Associates LLC’s investment portfolio, making the stock its 4th biggest holding. Jim Saulnier & Associates LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $7,200,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the stock. IFS Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at $35,000. Cloud Capital Management LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at about $37,000. Elevation Point Wealth Partners LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $48,000. Kilter Group LLC bought a new position in Vanguard FTSE Developed Markets ETF in the second quarter worth approximately $49,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $52,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.5%

Shares of NYSEARCA:VEA opened at $67.07 on Friday. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $67.39. The stock’s 50 day moving average is $63.21 and its 200-day moving average is $60.69. The firm has a market capitalization of $207.76 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.