Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Stake Reduced by Farrell Financial LLC

Farrell Financial LLC lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 119,373 shares of the company’s stock after selling 659 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 4.4% of Farrell Financial LLC’s portfolio, making the stock its 6th biggest position. Farrell Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,068,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Brooklyn FI LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 6,702.3% in the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock worth $1,806,348,000 after acquiring an additional 35,468,345 shares during the period. Raymond James Financial Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $563,154,000. Bank of America Corp DE boosted its holdings in Vanguard FTSE Developed Markets ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after purchasing an additional 10,807,527 shares during the last quarter. Betterment LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 8.0% in the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after purchasing an additional 10,132,168 shares during the last quarter. Finally, US Bancorp DE grew its position in Vanguard FTSE Developed Markets ETF by 56.6% during the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock worth $1,138,726,000 after purchasing an additional 8,608,172 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $56.42 on Thursday. The firm has a market capitalization of $160.80 billion, a P/E ratio of 16.52 and a beta of 0.87. The stock has a 50-day simple moving average of $52.97 and a two-hundred day simple moving average of $51.12. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $56.81.

Vanguard FTSE Developed Markets ETF Profile

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.