Ironwood Investment Counsel LLC Lowers Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Ironwood Investment Counsel LLC trimmed its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 34,617 shares of the company’s stock after selling 1,153 shares during the period. Ironwood Investment Counsel LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,655,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of VEA. Hughes Financial Services LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $5,561,000. Northwest Wealth Management LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 1.4% during the fourth quarter. Northwest Wealth Management LLC now owns 81,649 shares of the company’s stock worth $3,904,000 after purchasing an additional 1,150 shares during the last quarter. Renasant Bank boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 202.9% in the fourth quarter. Renasant Bank now owns 58,490 shares of the company’s stock valued at $2,797,000 after acquiring an additional 39,177 shares in the last quarter. May Barnhard Investments LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $263,000. Finally, Atala Financial Inc acquired a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $863,000.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $51.22 on Friday. The stock has a market capitalization of $143.93 billion, a PE ratio of 16.75 and a beta of 0.92. The company’s 50 day simple moving average is $50.22 and its 200 day simple moving average is $50.47. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.80 and a 1 year high of $53.40.

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.