MMA Asset Management LLC Trims Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

MMA Asset Management LLC reduced its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 51.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 25,228 shares of the company’s stock after selling 26,553 shares during the period. MMA Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,206,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VEA. Lowe Brockenbrough & Co. Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 17.0% during the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 667,215 shares of the company’s stock valued at $35,236,000 after acquiring an additional 96,877 shares during the last quarter. Kearns & Associates LLC raised its stake in Vanguard FTSE Developed Markets ETF by 7.3% during the 3rd quarter. Kearns & Associates LLC now owns 254,990 shares of the company’s stock valued at $13,466,000 after acquiring an additional 17,424 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 45.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 609,284 shares of the company’s stock valued at $32,176,000 after acquiring an additional 189,748 shares during the last quarter. Chicago Partners Investment Group LLC raised its stake in Vanguard FTSE Developed Markets ETF by 8.9% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 111,782 shares of the company’s stock valued at $5,644,000 after acquiring an additional 9,135 shares during the last quarter. Finally, First Interstate Bank raised its stake in Vanguard FTSE Developed Markets ETF by 9.0% during the 3rd quarter. First Interstate Bank now owns 8,222 shares of the company’s stock valued at $434,000 after acquiring an additional 681 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.1 %

VEA opened at $51.07 on Friday. The business has a 50 day moving average price of $49.55 and a two-hundred day moving average price of $50.43. The company has a market cap of $143.51 billion, a PE ratio of 16.75 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 52 week low of $46.79 and a 52 week high of $53.40.

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.