Kelly Financial Services LLC Lowers Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Kelly Financial Services LLC trimmed its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 42.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 14,645 shares of the company’s stock after selling 10,616 shares during the period. Kelly Financial Services LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $700,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Kozak & Associates Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares in the last quarter. Decker Retirement Planning Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $29,000. Lummis Asset Management LP bought a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at approximately $34,000. Abich Financial Wealth Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 2,458.6% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after buying an additional 713 shares in the last quarter. Finally, Fairscale Capital LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $38,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $48.57 on Friday. The stock has a 50 day moving average price of $49.02 and a 200-day moving average price of $50.30. Vanguard FTSE Developed Markets ETF has a one year low of $46.33 and a one year high of $53.40. The company has a market capitalization of $127.25 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.