Avestar Capital LLC Trims Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Avestar Capital LLC lowered its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report) by 1.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 122,369 shares of the company’s stock after selling 2,358 shares during the quarter. Avestar Capital LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,462,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of VEA. Transcendent Capital Group LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 101.2% in the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after purchasing an additional 256 shares during the period. Triad Wealth Partners LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth $31,000. Lummis Asset Management LP purchased a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at $34,000. Spectrum Wealth Counsel LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $33,000. Finally, Abich Financial Wealth Management LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 2,458.6% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after acquiring an additional 713 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.5 %

VEA opened at $49.50 on Tuesday. The firm has a 50-day simple moving average of $51.04 and a two-hundred day simple moving average of $50.68. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.65 and a 52 week high of $53.40. The company has a market capitalization of $129.69 billion, a PE ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding VEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report).

Institutional Ownership by Quarter for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Receive News & Ratings for Vanguard FTSE Developed Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard FTSE Developed Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.