Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Sunburst Financial Group LLC

Sunburst Financial Group LLC cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.9% during the third quarter, HoldingsChannel reports. The firm owned 37,291 shares of the company’s stock after selling 707 shares during the period. Sunburst Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,969,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Norden Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $243,000. Mainsail Financial Group LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 10.2% in the first quarter. Mainsail Financial Group LLC now owns 13,364 shares of the company’s stock worth $670,000 after purchasing an additional 1,233 shares in the last quarter. Veery Capital LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.4% in the first quarter. Veery Capital LLC now owns 610,502 shares of the company’s stock worth $30,629,000 after buying an additional 25,683 shares during the period. Spinnaker Investment Group LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 4.2% in the 1st quarter. Spinnaker Investment Group LLC now owns 13,347 shares of the company’s stock worth $670,000 after purchasing an additional 538 shares in the last quarter. Finally, Level Financial Advisors increased its stake in shares of Vanguard FTSE Developed Markets ETF by 3.0% during the first quarter. Level Financial Advisors now owns 311,407 shares of the company’s stock worth $15,623,000 after purchasing an additional 9,158 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.2 %

Shares of NYSEARCA VEA traded down $0.10 during midday trading on Wednesday, reaching $50.61. 3,246,031 shares of the company were exchanged, compared to its average volume of 9,466,718. Vanguard FTSE Developed Markets ETF has a 1 year low of $42.03 and a 1 year high of $53.40. The stock has a fifty day simple moving average of $51.74 and a 200 day simple moving average of $50.55. The stock has a market cap of $132.60 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.