Arax Advisory Partners Sells 442,772 Shares of Vanguard FTSE Developed Markets ETF $VEA

Arax Advisory Partners decreased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 41.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 616,144 shares of the company’s stock after selling 442,772 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 1.1% of Arax Advisory Partners’ investment portfolio, making the stock its 17th biggest holding. Arax Advisory Partners’ holdings in Vanguard FTSE Developed Markets ETF were worth $38,490,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VEA. Brighton Jones LLC grew its stake 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 worth $11,650,000 after purchasing an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in 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 buying an additional 39,653 shares during the period. Capstone Wealth Management Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at $209,000. Squarepoint Ops LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at $7,001,000. Finally, Glenview Trust co lifted its holdings in 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 buying an additional 297 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.3%

VEA stock opened at $71.55 on Friday. The firm has a market cap of $229.48 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.63 and a 12-month high of $72.32. The company’s fifty day simple moving average is $69.33 and its 200 day simple moving average is $66.37.

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.