Cary Street Partners Investment Advisory LLC Sells 56,202 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Cary Street Partners Investment Advisory LLC trimmed its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 52.4% in the fourth quarter, HoldingsChannel reports. The firm owned 51,073 shares of the company’s stock after selling 56,202 shares during the quarter. Cary Street Partners Investment Advisory LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,608,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of VEA. Wetzel Investment Advisors Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $26,000. Versant Capital Management Inc bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $29,000. First Command Advisory Services Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 81.3% in 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 last quarter. Investment Research & Advisory Group Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 273.9% in 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 last quarter. Finally, Orion Capital Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth approximately $40,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA traded down $0.52 during trading on Tuesday, hitting $48.63. The stock had a trading volume of 5,673,500 shares, compared to its average volume of 11,453,934. The company has a 50 day moving average price of $49.25 and a 200-day moving average price of $47.12. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $50.36. The firm has a market cap of $127.41 billion, a price-to-earnings ratio of 13.31 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.