St. Louis Trust Co Decreases Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

St. Louis Trust Co trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% in the 1st quarter, HoldingsChannel reports. The firm owned 505,137 shares of the company’s stock after selling 8,489 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 3.8% of St. Louis Trust Co’s portfolio, making the stock its 9th largest holding. St. Louis Trust Co’s holdings in Vanguard FTSE Developed Markets ETF were worth $32,369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Sentinel Advisory Group LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter valued at approximately $503,000. Renaissance Technologies LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth $7,139,000. Rockbridge Investment Management LCC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.3% in the first quarter. Rockbridge Investment Management LCC now owns 186,984 shares of the company’s stock worth $11,982,000 after buying an additional 9,346 shares in the last quarter. Pennington Partners & CO. LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 23.2% during the first quarter. Pennington Partners & CO. LLC now owns 26,418 shares of the company’s stock worth $1,693,000 after acquiring an additional 4,973 shares during the last quarter. Finally, GC Wealth Management RIA LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 59.9% during the first quarter. GC Wealth Management RIA LLC now owns 98,844 shares of the company’s stock worth $6,334,000 after acquiring an additional 37,017 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $69.71 on Friday. The stock has a market capitalization of $225.86 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The company has a fifty day moving average of $70.81 and a 200 day moving average of $68.21. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $55.68 and a fifty-two week high of $73.23.

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.