Waterfront Wealth Inc. Sells 4,750 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Waterfront Wealth Inc. lessened its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 27.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,830 shares of the company’s stock after selling 4,750 shares during the quarter. Waterfront Wealth Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $614,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Kozak & Associates Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 268.0% during the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after acquiring an additional 410 shares during the last quarter. Decker Retirement Planning Inc. bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $29,000. Lummis Asset Management LP acquired a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at approximately $34,000. Keystone Financial Group Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $32,000. Finally, Roxbury Financial LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $37,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.7 %

NYSEARCA VEA opened at $51.24 on Friday. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.79 and a 1 year high of $53.40. The company has a fifty day simple moving average of $49.29 and a 200 day simple moving average of $50.33. The company has a market cap of $134.25 billion, a P/E ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Company 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.