Cary Street Partners Financial LLC Lowers Stake in Vanguard FTSE Developed Markets ETF $VEA

Cary Street Partners Financial LLC cut its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 159,323 shares of the company’s stock after selling 9,445 shares during the quarter. Cary Street Partners Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,953,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. TL Private Wealth grew its holdings in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after purchasing an additional 155 shares during the period. Belpointe Asset Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 0.5% during the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after buying an additional 162 shares in the last quarter. Spire Wealth Management lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock worth $1,699,000 after purchasing an additional 163 shares in the last quarter. Twelve Points Wealth Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.9% during the fourth quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock worth $1,220,000 after purchasing an additional 166 shares in the last quarter. Finally, PFG Investments LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.9% during the third quarter. PFG Investments LLC now owns 18,087 shares of the company’s stock worth $1,084,000 after purchasing an additional 170 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $70.46 on Tuesday. The company has a fifty day simple moving average of $67.26 and a 200 day simple moving average of $65.39. The firm has a market cap of $225.98 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.44 and a 12-month high of $71.12.

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.