Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Get Free Report) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 6,548,751 shares, a decline of 14.7% from the February 26th total of 7,681,289 shares. Based on an average trading volume of 23,725,444 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are short sold.
Vanguard FTSE Developed Markets ETF Stock Performance
Shares of VEA traded up $1.51 during mid-day trading on Tuesday, reaching $63.54. 12,217,161 shares of the company were exchanged, compared to its average volume of 20,986,098. The business has a 50 day simple moving average of $66.45 and a two-hundred day simple moving average of $63.24. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $70.55. The stock has a market capitalization of $196.82 billion, a PE ratio of 16.34 and a beta of 0.87.
Institutional Investors Weigh In On Vanguard FTSE Developed Markets ETF
A number of institutional investors have recently modified their holdings of VEA. Etesian Wealth Advisors Inc. raised its position in Vanguard FTSE Developed Markets ETF by 6.3% in the third quarter. Etesian Wealth Advisors Inc. now owns 222,561 shares of the company’s stock worth $13,336,000 after acquiring an additional 13,158 shares during the period. Chesley Taft & Associates LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 13.9% in the 4th quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock worth $20,687,000 after purchasing an additional 40,482 shares during the period. Warner Financial Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 5.5% in the 3rd quarter. Warner Financial Inc. now owns 292,561 shares of the company’s stock worth $17,530,000 after purchasing an additional 15,376 shares during the period. Noble Family Wealth LLC lifted its position in Vanguard FTSE Developed Markets ETF by 8.9% during the third quarter. Noble Family Wealth LLC now owns 639,448 shares of the company’s stock valued at $38,316,000 after purchasing an additional 52,052 shares in the last quarter. Finally, Eastern Bank grew its holdings in Vanguard FTSE Developed Markets ETF by 6.1% during the third quarter. Eastern Bank now owns 2,345,531 shares of the company’s stock valued at $140,544,000 after purchasing an additional 133,977 shares during the period.
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.
Further Reading
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