Victory Capital Management Inc. Trims Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Victory Capital Management Inc. trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,896,939 shares of the company’s stock after selling 138,400 shares during the period. Victory Capital Management Inc. owned 0.10% of Vanguard FTSE Developed Markets ETF worth $173,585,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its stake in Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 47.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after buying an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth $209,000. Hantz Financial Services Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth $83,000. Finally, EPG Wealth Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at $201,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $66.61 on Wednesday. The business has a 50-day moving average of $66.23 and a two-hundred day moving average of $62.52. The firm has a market capitalization of $206.33 billion, a PE ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $70.55.

Vanguard FTSE Developed Markets ETF Company 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.