Dravo Bay LLC Has $25.27 Million Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Dravo Bay LLC lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 527,458 shares of the company’s stock after selling 5,795 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 16.9% of Dravo Bay LLC’s investment portfolio, making the stock its 2nd biggest holding. Dravo Bay LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $25,265,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $26,000. Versant Capital Management Inc purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $29,000. First Command Advisory Services Inc. increased its position 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 valued at $33,000 after purchasing an additional 309 shares during the last quarter. Investment Research & Advisory Group Inc. lifted its holdings 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 worth $34,000 after acquiring an additional 515 shares during the last quarter. Finally, Orion Capital Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at $40,000.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA traded down $0.04 during trading on Wednesday, hitting $49.98. 6,547,548 shares of the company’s stock traded hands, compared to its average volume of 11,468,692. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $50.36. The stock has a fifty day moving average of $49.33 and a two-hundred day moving average of $47.39. The firm has a market cap of $130.95 billion, a P/E ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF 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.