Morling Financial Advisors LLC Sells 805 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Morling Financial Advisors LLC lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,833 shares of the company’s stock after selling 805 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 2.4% of Morling Financial Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Morling Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,010,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of VEA. Bfsg LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $289,000. Acas LLC grew its stake in Vanguard FTSE Developed Markets ETF by 3.9% in the 4th quarter. Acas LLC now owns 10,087 shares of the company’s stock valued at $483,000 after purchasing an additional 378 shares during the period. JMG Financial Group Ltd. grew its stake in Vanguard FTSE Developed Markets ETF by 3.5% in the 4th quarter. JMG Financial Group Ltd. now owns 5,337,803 shares of the company’s stock valued at $255,681,000 after purchasing an additional 178,496 shares during the period. Fountainhead AM LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $239,000. Finally, Arbor Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $1,645,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA traded down $0.14 during trading on Wednesday, reaching $48.73. The company’s stock had a trading volume of 7,247,318 shares, compared to its average volume of 11,638,218. The firm has a market cap of $127.67 billion, a price-to-earnings ratio of 13.31 and a beta of 0.88. The firm has a 50 day moving average of $49.18 and a 200-day moving average of $46.98. Vanguard FTSE Developed Markets ETF has a 12 month low of $41.48 and a 12 month high of $50.36.

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.