Financial Advisory Corp Sells 43,609 Shares of Vanguard FTSE Developed Markets ETF $VEA

Financial Advisory Corp lowered its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 803,012 shares of the company’s stock after selling 43,609 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 7.1% of Financial Advisory Corp’s investment portfolio, making the stock its 5th biggest position. Financial Advisory Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $48,117,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. IFS Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $35,000. Armstrong Advisory Group Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 210.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock valued at $47,000 after buying an additional 563 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at $48,000. Brooklyn Investment Group grew its position in Vanguard FTSE Developed Markets ETF by 185.1% in the first quarter. Brooklyn Investment Group now owns 958 shares of the company’s stock valued at $49,000 after acquiring an additional 622 shares during the period. Finally, Kilter Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the second quarter worth $49,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.8%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $62.51 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $63.08. The stock has a market capitalization of $186.25 billion, a P/E ratio of 16.34 and a beta of 0.87. The company has a 50-day simple moving average of $61.14 and a 200 day simple moving average of $59.08.

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.