Eagle Bay Advisors LLC Trims Stake in Vanguard FTSE Developed Markets ETF $VEA

Eagle Bay Advisors LLC cut its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 83.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,914 shares of the company’s stock after selling 171,995 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 1.9% of Eagle Bay Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Eagle Bay Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,173,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mascagni Wealth Management Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 2.1% during the 4th quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock valued at $452,000 after acquiring an additional 152 shares during the period. TL Private Wealth grew its holdings in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock worth $606,000 after purchasing an additional 155 shares during the period. River Wealth Advisors LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.3% during the fourth quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock valued at $759,000 after purchasing an additional 161 shares in the last quarter. Belpointe Asset Management LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 0.5% during the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after purchasing an additional 162 shares in the last quarter. Finally, Spire Wealth Management boosted its position in shares of Vanguard FTSE Developed Markets ETF by 0.6% in the 4th quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock worth $1,699,000 after purchasing an additional 163 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.6%

Vanguard FTSE Developed Markets ETF stock opened at $70.81 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23. The business’s fifty day simple moving average is $70.43 and its two-hundred day simple moving average is $67.36. The company 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.