Vision Capital Management Inc. Sells 4,404 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Vision Capital Management Inc. cut its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,022,696 shares of the company’s stock after selling 4,404 shares during the period. Vanguard FTSE Developed Markets ETF makes up 7.5% of Vision Capital Management Inc.’s investment portfolio, making the stock its 2nd biggest holding. Vision Capital Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $50,542,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Beam Wealth Advisors Inc. raised its position in Vanguard FTSE Developed Markets ETF by 54.8% during the 2nd quarter. Beam Wealth Advisors Inc. now owns 11,898 shares of the company’s stock worth $588,000 after buying an additional 4,212 shares during the last quarter. First Interstate Bank increased its stake in shares of Vanguard FTSE Developed Markets ETF by 11.5% during the second quarter. First Interstate Bank now owns 7,541 shares of the company’s stock worth $373,000 after acquiring an additional 776 shares during the period. US Bancorp DE raised its holdings in Vanguard FTSE Developed Markets ETF by 8.6% during the second quarter. US Bancorp DE now owns 15,722,609 shares of the company’s stock worth $777,011,000 after purchasing an additional 1,249,037 shares in the last quarter. Liberty Wealth Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 9.2% in the second quarter. Liberty Wealth Management LLC now owns 32,473 shares of the company’s stock valued at $1,606,000 after purchasing an additional 2,735 shares during the period. Finally, Choreo LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 7.7% in the 2nd quarter. Choreo LLC now owns 1,520,316 shares of the company’s stock valued at $75,192,000 after purchasing an additional 108,615 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 1.1 %

NYSEARCA VEA opened at $50.91 on Tuesday. The stock has a market capitalization of $133.38 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The business’s 50 day moving average is $50.54 and its two-hundred day moving average is $50.01. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $52.54.

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.