NTV Asset Management LLC Cuts Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

NTV Asset Management LLC lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 38.4% in the 4th quarter, HoldingsChannel reports. The fund owned 5,983 shares of the company’s stock after selling 3,729 shares during the period. NTV Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $287,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VEA. Wetzel Investment Advisors Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $26,000. Versant Capital Management Inc acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $29,000. First Command Advisory Services Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 81.3% in the 4th quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after purchasing an additional 309 shares in the last quarter. Investment Research & Advisory Group Inc. grew its stake in 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 worth $34,000 after buying an additional 515 shares during the last quarter. Finally, Orion Capital Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at about $40,000.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA traded up $0.45 during trading on Friday, hitting $49.56. The company’s stock had a trading volume of 11,883,003 shares, compared to its average volume of 11,600,427. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $50.36. The company has a market cap of $129.85 billion, a PE ratio of 13.32 and a beta of 0.88. The business’s 50 day simple moving average is $49.28 and its 200-day simple moving average is $47.28.

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.