Arbor Investment Advisors LLC Sells 7,760 Shares of Vanguard FTSE Developed Markets ETF $VEA

Arbor Investment Advisors LLC trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.5% during the first quarter, HoldingsChannel.com reports. The fund owned 1,445,106 shares of the company’s stock after selling 7,760 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 12.1% of Arbor Investment Advisors LLC’s holdings, making the stock its 3rd largest holding. Arbor Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $92,602,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of VEA. Libra Wealth LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 3.4% during the 1st quarter. Libra Wealth LLC now owns 440,860 shares of the company’s stock worth $28,250,000 after purchasing an additional 14,676 shares during the period. Westfuller Advisors LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 16.7% during the first quarter. Westfuller Advisors LLC now owns 7,849 shares of the company’s stock worth $503,000 after buying an additional 1,123 shares during the last quarter. Kathmere Capital Management LLC increased its position in Vanguard FTSE Developed Markets ETF by 1.4% in the 1st quarter. Kathmere Capital Management LLC now owns 1,009,671 shares of the company’s stock valued at $64,700,000 after acquiring an additional 14,261 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in Vanguard FTSE Developed Markets ETF by 4.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,103,762 shares of the company’s stock valued at $71,877,000 after acquiring an additional 50,751 shares during the period. Finally, Whittier Trust Co. raised its stake in Vanguard FTSE Developed Markets ETF by 11.9% during the 1st quarter. Whittier Trust Co. now owns 1,525,106 shares of the company’s stock valued at $99,315,000 after acquiring an additional 162,295 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $70.81 on Monday. Vanguard FTSE Developed Markets ETF has a twelve month low of $55.68 and a twelve month high of $73.23. The stock has a 50 day moving average of $70.48 and a two-hundred day moving average of $67.42. The stock has a market capitalization of $227.88 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

Vanguard FTSE Developed Markets ETF Company 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.