Cutler Investment Counsel LLC Has $4.23 Million Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Cutler Investment Counsel LLC lowered its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,238 shares of the company’s stock after selling 7,774 shares during the quarter. Cutler Investment Counsel LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,231,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in VEA. Brighton Jones LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 79.2% during the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in 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 acquiring an additional 39,653 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Vanguard FTSE Developed Markets ETF by 116.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 354,579 shares of the company’s stock worth $16,956,000 after acquiring an additional 190,732 shares during the last quarter. O Shaughnessy Asset Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 0.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 256,727 shares of the company’s stock worth $12,277,000 after acquiring an additional 1,317 shares during the last quarter. Finally, Wellington Management Group LLP boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 479.0% in the 4th quarter. Wellington Management Group LLP now owns 1,198,197 shares of the company’s stock valued at $57,298,000 after purchasing an additional 991,256 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.0%

Shares of NYSEARCA VEA opened at $57.14 on Wednesday. The firm has a market capitalization of $165.18 billion, a PE ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $58.52. The firm’s 50-day moving average is $56.43 and its 200-day moving average is $52.95.

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.