Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Stock Position Trimmed by Sunpointe LLC

Sunpointe LLC cut its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 72.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 11,974 shares of the company’s stock after selling 31,072 shares during the quarter. Sunpointe LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $632,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Creative Planning increased its stake in Vanguard FTSE Developed Markets ETF by 3.8% during the 3rd quarter. Creative Planning now owns 145,118,743 shares of the company’s stock valued at $7,663,721,000 after buying an additional 5,341,481 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard FTSE Developed Markets ETF by 4.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock valued at $2,518,573,000 after buying an additional 2,402,484 shares during the period. LPL Financial LLC increased its stake in Vanguard FTSE Developed Markets ETF by 4.3% during the 2nd quarter. LPL Financial LLC now owns 21,328,841 shares of the company’s stock valued at $1,054,071,000 after buying an additional 881,611 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in Vanguard FTSE Developed Markets ETF by 10.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock valued at $948,309,000 after buying an additional 1,860,937 shares during the period. Finally, Vanguard Group Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 4.8% during the 1st quarter. Vanguard Group Inc. now owns 17,314,776 shares of the company’s stock valued at $868,682,000 after buying an additional 795,987 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.4 %

Vanguard FTSE Developed Markets ETF stock traded up $0.20 during trading hours on Wednesday, hitting $51.56. 287,321 shares of the company traded hands, compared to its average volume of 9,556,250. The firm has a market cap of $135.09 billion, a P/E ratio of 13.32 and a beta of 0.88. The firm’s 50-day simple moving average is $51.49 and its two-hundred day simple moving average is $50.45. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $53.40.

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.