Tennessee Valley Asset Management Partners Sells 1,651 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Tennessee Valley Asset Management Partners cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,146 shares of the company’s stock after selling 1,651 shares during the period. Tennessee Valley Asset Management Partners’ holdings in Vanguard FTSE Developed Markets ETF were worth $1,250,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of VEA. Kozak & Associates Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares during the period. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $29,000. Lummis Asset Management LP bought a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at about $34,000. Atwood & Palmer Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $42,000. Finally, West Branch Capital LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 328.2% in the 3rd quarter. West Branch Capital LLC now owns 835 shares of the company’s stock worth $44,000 after purchasing an additional 640 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.6 %

Shares of NYSEARCA VEA opened at $50.02 on Monday. The stock has a fifty day simple moving average of $49.03 and a two-hundred day simple moving average of $50.28. Vanguard FTSE Developed Markets ETF has a 1-year low of $46.72 and a 1-year high of $53.40. The firm has a market cap of $131.05 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.