Sageworth Trust Co Reduces Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sageworth Trust Co lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 649,784 shares of the company’s stock after selling 35,803 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 1.9% of Sageworth Trust Co’s portfolio, making the stock its 10th biggest position. Sageworth Trust Co’s holdings in Vanguard FTSE Developed Markets ETF were worth $31,073,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VEA. Strategic Financial Concepts LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 5,780.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after acquiring an additional 10,625,142 shares in the last quarter. Creative Planning increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the 3rd quarter. Creative Planning now owns 145,118,743 shares of the company’s stock worth $7,663,721,000 after purchasing an additional 5,341,481 shares in the last quarter. WealthNavi Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 5.6% in the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after purchasing an additional 2,436,012 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 5,209.5% in the third quarter. International Assets Investment Management LLC now owns 1,895,439 shares of the company’s stock worth $100,098,000 after purchasing an additional 1,859,740 shares during the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 12.4% during the third quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock valued at $814,998,000 after purchasing an additional 1,700,587 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $50.21 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $46.72 and a one year high of $53.40. The stock has a 50-day moving average of $49.13 and a 200 day moving average of $50.23. The company has a market capitalization of $131.55 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.