Newport Capital Group LLC Trims Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Newport Capital Group LLC cut its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 91.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,376 shares of the company’s stock after selling 158,725 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 0.5% of Newport Capital Group LLC’s holdings, making the stock its 11th biggest holding. Newport Capital Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $961,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VEA. Brighton Jones LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares during the period. Revolve Wealth Partners LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 47.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after acquiring an additional 39,653 shares during the period. Capstone Wealth Management Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $209,000. Squarepoint Ops LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $7,001,000. Finally, Glenview Trust co increased its position in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after acquiring an additional 297 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $71.66 on Friday. The firm has a market cap of $229.83 billion, a PE ratio of 16.34 and a beta of 0.83. The firm’s 50 day simple moving average is $67.67 and its 200-day simple moving average is $65.62. Vanguard FTSE Developed Markets ETF has a one year low of $54.63 and a one year high of $71.88.

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.