Petix & Botte Co Cuts Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Petix & Botte Co lessened its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,138 shares of the company’s stock after selling 646 shares during the period. Petix & Botte Co’s holdings in Vanguard FTSE Developed Markets ETF were worth $821,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $26,000. Versant Capital Management Inc bought a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $29,000. First Command Advisory Services Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 81.3% during the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock valued at $33,000 after purchasing an additional 309 shares during the period. Investment Research & Advisory Group Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 273.9% during the fourth 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 during the period. Finally, Albion Financial Group UT bought a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $40,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA traded up $0.40 on Monday, hitting $49.96. 8,653,733 shares of the stock traded hands, compared to its average volume of 11,566,563. The business’s fifty day moving average is $49.30 and its two-hundred day moving average is $47.33. Vanguard FTSE Developed Markets ETF has a 12 month low of $41.48 and a 12 month high of $50.36. The firm has a market capitalization of $130.90 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.