First Foundation Advisors Sells 305 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

First Foundation Advisors reduced its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.9% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,965 shares of the company’s stock after selling 305 shares during the quarter. First Foundation Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $303,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after acquiring an additional 107,649 shares during the period. Revolve Wealth Partners LLC grew its stake in Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after acquiring an additional 39,653 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Vanguard FTSE Developed Markets ETF by 116.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 354,579 shares of the company’s stock valued at $16,956,000 after buying an additional 190,732 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 0.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 256,727 shares of the company’s stock valued at $12,277,000 after buying an additional 1,317 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Vanguard FTSE Developed Markets ETF by 479.0% during the fourth quarter. Wellington Management Group LLP now owns 1,198,197 shares of the company’s stock valued at $57,298,000 after buying an additional 991,256 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.0%

Shares of NYSEARCA:VEA opened at $57.14 on Wednesday. The stock has a market cap of $165.18 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $58.52. The business’s 50 day moving average is $56.43 and its 200 day moving average is $52.95.

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.