Greystone Financial Group LLC Trims Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Greystone Financial Group LLC trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,140 shares of the company’s stock after selling 1,359 shares during the period. Greystone Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,163,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VEA. LPL Financial LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 4.5% during the third quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock worth $1,176,781,000 after purchasing an additional 954,457 shares in the last quarter. Captrust Financial Advisors grew its stake in Vanguard FTSE Developed Markets ETF by 7.2% during the 3rd quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock worth $867,773,000 after buying an additional 1,103,351 shares during the last quarter. Cerity Partners LLC increased its position in Vanguard FTSE Developed Markets ETF by 12.4% during the third quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock worth $814,998,000 after buying an additional 1,700,587 shares during the period. Valmark Advisers Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 6.0% in the fourth quarter. Valmark Advisers Inc. now owns 11,643,989 shares of the company’s stock valued at $556,816,000 after buying an additional 659,713 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5,780.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after acquiring an additional 10,625,142 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.7 %

Shares of VEA opened at $51.24 on Friday. The company’s 50 day simple moving average is $49.29 and its 200-day simple moving average is $50.33. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.79 and a 12-month high of $53.40. The firm has a market cap of $134.25 billion, a PE 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.