Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Stake Lowered by Eagle Bay Advisors LLC

Eagle Bay Advisors LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 217,847 shares of the company’s stock after selling 4,240 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 4.4% of Eagle Bay Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Eagle Bay Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $11,504,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of VEA. Wellington Management Group LLP lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 183.4% in the 4th quarter. Wellington Management Group LLP now owns 600,417 shares of the company’s stock valued at $28,760,000 after purchasing an additional 388,560 shares during the last quarter. Global Assets Advisory LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $3,738,000. Harbor Investment Advisory LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 46.2% in the 1st quarter. Harbor Investment Advisory LLC now owns 2,755 shares of the company’s stock valued at $138,000 after purchasing an additional 871 shares during the last quarter. Sound Income Strategies LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 418.0% in the 1st quarter. Sound Income Strategies LLC now owns 10,489 shares of the company’s stock valued at $526,000 after purchasing an additional 8,464 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 29.3% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 34,008 shares of the company’s stock valued at $1,706,000 after purchasing an additional 7,715 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock traded down $0.51 on Wednesday, hitting $50.47. The company’s stock had a trading volume of 2,048,077 shares, compared to its average volume of 9,500,500. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $53.40. The firm’s fifty day moving average price is $51.75 and its 200-day moving average price is $50.51. The stock has a market capitalization of $132.23 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.