Valeo Financial Advisors LLC Sells 3,267 Shares of Vanguard FTSE Developed Markets ETF $VEA

Valeo Financial Advisors LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 538,438 shares of the company’s stock after selling 3,267 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $30,696,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Valpey Financial Services LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at approximately $907,000. Woodmont Investment Counsel LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 2.8% in the second quarter. Woodmont Investment Counsel LLC now owns 1,429,066 shares of the company’s stock worth $81,471,000 after purchasing an additional 38,630 shares during the period. Global Assets Advisory LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 66.1% during the second quarter. Global Assets Advisory LLC now owns 9,104 shares of the company’s stock worth $519,000 after purchasing an additional 3,623 shares in the last quarter. Three Bridge Wealth Advisors LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 2.9% during the second quarter. Three Bridge Wealth Advisors LLC now owns 142,191 shares of the company’s stock worth $8,106,000 after purchasing an additional 3,960 shares in the last quarter. Finally, Hubbell Strickland Wealth Management LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 12.4% in the 2nd quarter. Hubbell Strickland Wealth Management LLC now owns 7,679 shares of the company’s stock valued at $438,000 after buying an additional 845 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.9%

VEA opened at $61.06 on Monday. The company has a fifty day simple moving average of $58.84 and a 200 day simple moving average of $55.72. The stock has a market cap of $179.48 billion, a P/E ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $61.15.

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.