Accredited Investors Inc. Sells 8,650 Shares of Vanguard FTSE Developed Markets ETF $VEA

Accredited Investors Inc. cut its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 339,208 shares of the company’s stock after selling 8,650 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 1.2% of Accredited Investors Inc.’s holdings, making the stock its 19th largest position. Accredited Investors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $21,736,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nova Wealth Management Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after purchasing an additional 253 shares during the last quarter. Ulland Investment Advisors LLC boosted its holdings in shares of 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 during the last quarter. Strategic Wealth Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $35,000. Quaker Wealth Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after buying an additional 611 shares during the period. Finally, Tidemark LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 80.9% during the fourth quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after buying an additional 279 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.6%

VEA opened at $70.73 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $55.68 and a 1-year high of $73.23. The company has a market capitalization of $229.16 billion, a PE ratio of 16.34 and a beta of 0.83. The firm’s 50 day simple moving average is $70.72 and its two-hundred day simple moving average is $67.66.

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.