Schechter Investment Advisors LLC Sells 33,345 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Schechter Investment Advisors LLC decreased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 56.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,444 shares of the company’s stock after selling 33,345 shares during the period. Schechter Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,219,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Guidance Capital Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $501,000. SRS Capital Advisors Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 2.8% during the second quarter. SRS Capital Advisors Inc. now owns 388,769 shares of the company’s stock valued at $17,953,000 after acquiring an additional 10,771 shares in the last quarter. Plancorp LLC grew its stake in Vanguard FTSE Developed Markets ETF by 16.5% during the third quarter. Plancorp LLC now owns 252,031 shares of the company’s stock valued at $11,019,000 after acquiring an additional 35,622 shares in the last quarter. Selway Asset Management purchased a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at approximately $126,000. Finally, Retirement Investment Advisors Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 10.0% during the second quarter. Retirement Investment Advisors Inc. now owns 27,742 shares of the company’s stock valued at $1,198,000 after acquiring an additional 2,530 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.6 %

Shares of NYSEARCA:VEA opened at $50.26 on Thursday. The company has a 50 day moving average of $48.42 and a 200 day moving average of $46.29. The stock has a market cap of $123.64 billion, a P/E ratio of 11.40 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 12 month low of $41.48 and a 12 month high of $50.36.

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.