Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Stonebridge Capital Advisors LLC

Stonebridge Capital Advisors LLC trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 19.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,375 shares of the company’s stock after selling 1,274 shares during the period. Stonebridge Capital Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $270,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VEA. Wetzel Investment Advisors Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $26,000. First Command Advisory Services Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 81.3% in the 4th quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock valued at $33,000 after purchasing an additional 309 shares in the last quarter. Investment Research & Advisory Group Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 273.9% in the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after purchasing an additional 515 shares in the last quarter. Albion Financial Group UT acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $40,000. Finally, LifeSteps Financial Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $44,000.

Vanguard FTSE Developed Markets ETF Stock Up 1.3 %

Shares of NYSEARCA VEA traded up $0.65 during midday trading on Friday, hitting $50.26. The stock had a trading volume of 5,992,921 shares, compared to its average volume of 10,269,265. The company has a market capitalization of $131.68 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $51.68. The company has a fifty day moving average price of $50.32 and a 200 day moving average price of $49.30.

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.