Vanguard FTSE Developed Markets ETF $VEA Stake Reduced by Waller Financial Planning Group Inc.

Waller Financial Planning Group Inc. cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 162,096 shares of the company’s stock after selling 12,258 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 2.2% of Waller Financial Planning Group Inc.’s holdings, making the stock its 14th biggest holding. Waller Financial Planning Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $10,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. GGM Financials LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth about $27,000. Ulland Investment Advisors LLC lifted its position in Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares during the last quarter. Cloud Capital Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at about $37,000. Elevation Point Wealth Partners LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $48,000. Finally, Kilter Group LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $49,000.

Vanguard FTSE Developed Markets ETF Trading Down 2.3%

NYSEARCA VEA opened at $62.48 on Friday. The company has a 50-day moving average price of $66.58 and a two-hundred day moving average price of $63.16. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $70.55. The stock has a market cap of $193.54 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.