Centerline Wealth Advisors LLC Sells 119,942 Shares of Vanguard FTSE Developed Markets ETF $VEA

Centerline Wealth Advisors LLC trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 65.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,542 shares of the company’s stock after selling 119,942 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 1.4% of Centerline Wealth Advisors LLC’s portfolio, making the stock its 21st biggest holding. Centerline Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,969,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GGM Financials LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $27,000. Ulland Investment Advisors LLC boosted its position in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 242 shares during the period. Cloud Capital Management LLC bought a new position in Vanguard FTSE Developed Markets ETF during the third quarter worth $37,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $48,000. Finally, Kilter Group LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $49,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $62.04 on Monday. The company’s 50-day moving average is $66.70 and its 200-day moving average is $63.09. The firm has a market capitalization of $192.18 billion, a PE ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $70.55.

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.