Naviter Wealth LLC Sells 22,761 Shares of Vanguard FTSE Developed Markets ETF $VEA

Naviter Wealth LLC reduced its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 85.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,759 shares of the company’s stock after selling 22,761 shares during the period. Naviter Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $235,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VEA. Nova Wealth Management Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 151.5% during the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after purchasing an additional 253 shares during the last quarter. GGM Financials LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth about $27,000. Ulland Investment Advisors LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 242 shares during the last quarter. Cloud Capital Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth about $37,000. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth about $51,000.

Vanguard FTSE Developed Markets ETF Trading Up 4.2%

Shares of NYSEARCA VEA opened at $67.82 on Thursday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.46 and a 1-year high of $70.55. The company has a market cap of $214.22 billion, a PE ratio of 16.34 and a beta of 0.85. The company has a 50-day moving average of $66.38 and a two-hundred day moving average of $63.47.

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.