Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Andina Capital Management LLC

Andina Capital Management LLC reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 27.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 83,532 shares of the company’s stock after selling 31,758 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 4.7% of Andina Capital Management LLC’s investment portfolio, making the stock its 3rd largest position. Andina Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,353,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Buck Wealth Strategies LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 16.3% in the fourth quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock valued at $22,774,000 after purchasing an additional 51,187 shares in the last quarter. Chesley Taft & Associates LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 13.9% during the 4th quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock worth $20,687,000 after buying an additional 40,482 shares during the last quarter. Green Ridge Wealth Planning LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $15,031,000. Root Financial Partners LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 27.1% in the 4th quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock valued at $6,079,000 after buying an additional 20,769 shares in the last quarter. Finally, Eastern Bank boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the 4th quarter. Eastern Bank now owns 2,427,295 shares of the company’s stock valued at $151,633,000 after buying an additional 81,764 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $70.17 on Wednesday. The firm’s fifty day moving average price is $70.15 and its 200 day moving average price is $66.94. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23. The company has a market capitalization of $225.05 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.