Spinnaker Investment Group LLC Sells 1,559 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Spinnaker Investment Group LLC lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,734 shares of the company’s stock after selling 1,559 shares during the period. Spinnaker Investment Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $620,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VEA. Bangor Savings Bank grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the 2nd quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock valued at $2,535,000 after purchasing an additional 201 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock valued at $578,000 after purchasing an additional 205 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its position in Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after buying an additional 205 shares in the last quarter. Optimum Investment Advisors grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after buying an additional 207 shares during the last quarter. Finally, Olistico Wealth LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 13.9% during the third quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock worth $90,000 after buying an additional 208 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $49.03 on Friday. Vanguard FTSE Developed Markets ETF has a 52 week low of $44.81 and a 52 week high of $53.40. The stock has a market capitalization of $128.46 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The stock has a fifty day moving average of $51.27 and a 200-day moving average of $50.68.

About Vanguard FTSE Developed Markets ETF

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.