Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Arbor Investment Advisors LLC

Arbor Investment Advisors LLC reduced its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,496,457 shares of the company’s stock after selling 21,939 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 10.5% of Arbor Investment Advisors LLC’s portfolio, making the stock its 4th largest holding. Arbor Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $79,028,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VEA. Morton Brown Family Wealth LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 6.5% in the third quarter. Morton Brown Family Wealth LLC now owns 402,486 shares of the company’s stock valued at $21,255,000 after buying an additional 24,676 shares in the last quarter. TCI Wealth Advisors Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 8.4% during the 3rd quarter. TCI Wealth Advisors Inc. now owns 7,055 shares of the company’s stock worth $373,000 after purchasing an additional 547 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after purchasing an additional 205 shares during the period. Concord Wealth Partners boosted its holdings in Vanguard FTSE Developed Markets ETF by 6.9% during the third quarter. Concord Wealth Partners now owns 3,688 shares of the company’s stock worth $195,000 after purchasing an additional 237 shares during the last quarter. Finally, Sound Stewardship LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 4.4% during the 3rd quarter. Sound Stewardship LLC now owns 115,900 shares of the company’s stock worth $6,121,000 after purchasing an additional 4,858 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.8 %

NYSEARCA:VEA traded up $0.39 on Monday, hitting $50.90. The company’s stock had a trading volume of 3,071,444 shares, compared to its average volume of 9,476,438. The stock has a fifty day moving average of $51.76 and a two-hundred day moving average of $50.53. The firm has a market capitalization of $133.36 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $41.87 and a one year high of $53.40.

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.