Cambridge Advisors Inc. Sells 23,497 Shares of Vanguard FTSE Developed Markets ETF $VEA

Cambridge Advisors Inc. trimmed its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 548,815 shares of the company’s stock after selling 23,497 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 6.5% of Cambridge Advisors Inc.’s holdings, making the stock its 3rd biggest holding. Cambridge Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $34,284,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. TL Private Wealth boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after purchasing an additional 155 shares in the last quarter. Spire Wealth Management boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after purchasing an additional 163 shares in the last quarter. Princeton Global Asset Management LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 2.6% during the third quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock valued at $403,000 after purchasing an additional 168 shares in the last quarter. Smith Salley Wealth Management boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the third quarter. Smith Salley Wealth Management now owns 20,096 shares of the company’s stock valued at $1,204,000 after purchasing an additional 168 shares in the last quarter. Finally, Armbruster Capital Management Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.3% during the third quarter. Armbruster Capital Management Inc. now owns 62,626 shares of the company’s stock valued at $3,753,000 after purchasing an additional 169 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.0%

Shares of VEA stock opened at $65.09 on Wednesday. The business’s 50-day moving average price is $66.35 and its 200-day moving average price is $63.44. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $70.55. The firm has a market capitalization of $205.60 billion, a price-to-earnings ratio of 16.34 and a beta of 0.85.

Vanguard FTSE Developed Markets ETF Company 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.