Cynosure Group LLC Reduces Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Cynosure Group LLC lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 33.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 27,394 shares of the company’s stock after selling 13,905 shares during the period. Cynosure Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,447,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VEA. Sageworth Trust Co of South Dakota boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 7.1% in the third quarter. Sageworth Trust Co of South Dakota now owns 28,834 shares of the company’s stock worth $1,523,000 after buying an additional 1,906 shares during the last quarter. Richard W. Paul & Associates LLC boosted its position in Vanguard FTSE Developed Markets ETF by 5.8% in the 2nd quarter. Richard W. Paul & Associates LLC now owns 16,900 shares of the company’s stock worth $835,000 after purchasing an additional 924 shares in the last quarter. XML Financial LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 5.9% during the 2nd quarter. XML Financial LLC now owns 4,719 shares of the company’s stock worth $233,000 after purchasing an additional 262 shares during the period. Tenon Financial LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.3% during the 3rd quarter. Tenon Financial LLC now owns 231,747 shares of the company’s stock valued at $12,239,000 after purchasing an additional 5,154 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.1% in the 2nd quarter. Raymond James & Associates now owns 3,978,354 shares of the company’s stock valued at $196,610,000 after purchasing an additional 118,792 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $49.44 on Wednesday. Vanguard FTSE Developed Markets ETF has a one year low of $45.65 and a one year high of $53.40. The firm’s fifty day moving average is $51.00 and its 200 day moving average is $50.68. The firm has a market cap of $129.53 billion, a PE 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.