Forte Capital LLC ADV Sells 1,392 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Forte Capital LLC ADV cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 22,229 shares of the company’s stock after selling 1,392 shares during the quarter. Forte Capital LLC ADV’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,065,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of VEA. Wetzel Investment Advisors Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $26,000. Versant Capital Management Inc acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $29,000. First Command Advisory Services Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 81.3% during the 4th quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after acquiring an additional 309 shares during the period. Investment Research & Advisory Group Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 273.9% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after acquiring an additional 515 shares in the last quarter. Finally, Orion Capital Management LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the third quarter valued at about $40,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.9 %

VEA traded up $0.45 during midday trading on Friday, reaching $49.56. 11,883,003 shares of the company’s stock were exchanged, compared to its average volume of 11,600,427. The business has a 50-day simple moving average of $49.28 and a two-hundred day simple moving average of $47.22. The firm has a market capitalization of $129.85 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one 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.