Balentine LLC Reduces Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Balentine LLC lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 403,190 shares of the company’s stock after selling 8,346 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 1.0% of Balentine LLC’s holdings, making the stock its 13th biggest holding. Balentine LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $25,836,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Nova Wealth Management Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares during the period. Ulland Investment Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $35,000. Quaker Wealth Management LLC boosted its position in Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after acquiring an additional 611 shares in the last quarter. Finally, Strategic Advocates LLC boosted its position in Vanguard FTSE Developed Markets ETF by 66.1% during the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after acquiring an additional 248 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $70.36 on Thursday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $55.68 and a fifty-two week high of $73.23. The business’s 50 day moving average price is $70.37 and its two-hundred day moving average price is $67.30. The company has a market capitalization of $226.43 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.