Vanguard FTSE Developed Markets ETF $VEA Stock Position Cut by Gordian Advisors LLC

Gordian Advisors LLC cut its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 268,722 shares of the company’s stock after selling 7,815 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 11.1% of Gordian Advisors LLC’s portfolio, making the stock its 4th largest holding. Gordian Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $16,787,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VEA. Nova Wealth Management Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after buying an additional 253 shares in the last quarter. GGM Financials LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the third quarter worth $27,000. Ulland Investment Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $35,000. Finally, Cloud Capital Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at $37,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $70.46 on Tuesday. The company has a market cap of $225.98 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $54.44 and a 52-week high of $71.12. The firm’s fifty day simple moving average is $67.26 and its two-hundred day simple moving average is $65.39.

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.