Toews Corp ADV Reduces Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Toews Corp ADV lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 32.6% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 661,455 shares of the company’s stock after selling 320,211 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 4.7% of Toews Corp ADV’s portfolio, making the stock its 9th biggest holding. Toews Corp ADV’s holdings in Vanguard FTSE Developed Markets ETF were worth $34,931,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VEA. Transcendent Capital Group LLC increased its stake in Vanguard FTSE Developed Markets ETF by 101.2% in the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after buying an additional 256 shares during the last quarter. Triad Wealth Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the second quarter worth $31,000. Spectrum Wealth Counsel LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the second quarter worth $33,000. Abich Financial Wealth Management LLC grew its stake in Vanguard FTSE Developed Markets ETF by 2,458.6% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after purchasing an additional 713 shares during the period. Finally, Fairscale Capital LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at $38,000.

Vanguard FTSE Developed Markets ETF Stock Down 0.1 %

NYSEARCA VEA traded down $0.06 during trading hours on Wednesday, reaching $50.65. 1,487,413 shares of the company were exchanged, compared to its average volume of 9,457,031. The stock has a market capitalization of $132.70 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1 year low of $42.03 and a 1 year high of $53.40. The business’s 50 day simple moving average is $51.74 and its 200-day simple moving average is $50.55.

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.