DAVENPORT & Co LLC Sells 8,649 Shares of Vanguard FTSE Developed Markets ETF $VEA

DAVENPORT & Co LLC lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,042 shares of the company’s stock after selling 8,649 shares during the quarter. DAVENPORT & Co LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,876,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. GGM Financials LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at $27,000. Ulland Investment Advisors LLC increased its position 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 purchasing an additional 242 shares during the period. Cloud Capital Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $37,000. Elevation Point Wealth Partners LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at about $48,000. Finally, Kilter Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at about $49,000.

Vanguard FTSE Developed Markets ETF Stock Down 0.7%

VEA opened at $62.05 on Friday. The stock has a market capitalization of $192.21 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $70.55. The company has a 50-day simple moving average of $66.52 and a 200 day simple moving average of $63.18.

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.