Steel Grove Capital Advisors LLC Sells 29,691 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Steel Grove Capital Advisors LLC cut its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 19.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 126,230 shares of the company’s stock after selling 29,691 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 0.8% of Steel Grove Capital Advisors LLC’s holdings, making the stock its 13th biggest holding. Steel Grove Capital Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Pacific Center for Financial Services purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $25,000. Versant Capital Management Inc bought a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $29,000. VitalStone Financial LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $28,000. Sunbelt Securities Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth approximately $29,000. Finally, Investment Research & Advisory Group Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 273.9% in the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after purchasing an additional 515 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA traded up $0.33 during trading hours on Wednesday, reaching $50.27. The company’s stock had a trading volume of 7,232,886 shares, compared to its average volume of 11,182,451. The firm has a market capitalization of $123.66 billion, a price-to-earnings ratio of 11.40 and a beta of 0.89. The firm has a 50-day simple moving average of $48.42 and a 200-day simple moving average of $46.29. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $50.36.

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.