Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Stock Position Decreased by FFT Wealth Management LLC

FFT Wealth Management LLC decreased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 48.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 90,680 shares of the company’s stock after selling 83,875 shares during the quarter. FFT Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,336,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 4.5% in the third quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock worth $1,176,781,000 after buying an additional 954,457 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Vanguard FTSE Developed Markets ETF by 6.1% in the 4th quarter. Bank of New York Mellon Corp now owns 16,564,449 shares of the company’s stock valued at $792,112,000 after acquiring an additional 957,258 shares in the last quarter. Captrust Financial Advisors lifted its holdings in Vanguard FTSE Developed Markets ETF by 7.2% in the 3rd quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock worth $867,773,000 after purchasing an additional 1,103,351 shares during the last quarter. Cerity Partners LLC boosted 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 purchasing an additional 1,700,587 shares during the period. Finally, Valmark Advisers Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 6.0% during the fourth quarter. Valmark Advisers Inc. now owns 11,643,989 shares of the company’s stock valued at $556,816,000 after purchasing an additional 659,713 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.7 %

NYSEARCA:VEA opened at $51.56 on Wednesday. The company’s 50 day moving average is $49.36 and its 200-day moving average is $50.40. 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 $144.88 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92.

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.