Cambridge Investment Research Advisors Inc. Reduces Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Cambridge Investment Research Advisors Inc. cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,128,031 shares of the company’s stock after selling 212,321 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 0.5% of Cambridge Investment Research Advisors Inc.’s holdings, making the stock its 23rd largest holding. Cambridge Investment Research Advisors Inc. owned about 0.10% of Vanguard FTSE Developed Markets ETF worth $195,408,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after purchasing an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after purchasing an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $209,000. Squarepoint Ops LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $7,001,000. Finally, Glenview Trust co grew its position in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after purchasing an additional 297 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $69.08 on Friday. The company’s 50 day simple moving average is $66.72 and its 200-day simple moving average is $64.98. The firm has a market capitalization of $221.56 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12 month low of $54.21 and a 12 month high of $71.12.

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.