Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by SNS Financial Group LLC

SNS Financial Group LLC lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 13.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,734 shares of the company’s stock after selling 3,541 shares during the period. SNS Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,173,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Transcendent Capital Group LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 101.2% in the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after purchasing an additional 256 shares during the last quarter. Triad Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $31,000. LRI Investments LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at $39,000. Gleason Group Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 201.4% during the 2nd quarter. Gleason Group Inc. now owns 856 shares of the company’s stock valued at $42,000 after acquiring an additional 572 shares during the last quarter. Finally, LifeSteps Financial Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth $44,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock traded up $0.99 during trading on Friday, reaching $52.35. The company had a trading volume of 5,857,096 shares, compared to its average volume of 9,999,744. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $52.40. The firm’s fifty day moving average is $50.06 and its 200-day moving average is $49.69. The company has a market cap of $137.16 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.