Capital Investment Advisory Services LLC Sells 5,568 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Capital Investment Advisory Services LLC cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 22.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,987 shares of the company’s stock after selling 5,568 shares during the period. Capital Investment Advisory Services LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $965,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VEA. Brighton Jones LLC grew its position in Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after acquiring an additional 39,653 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 224.1% in the fourth quarter. Proficio Capital Partners LLC now owns 22,685 shares of the company’s stock valued at $1,085,000 after acquiring an additional 15,685 shares during the last quarter. Cullen Frost Bankers Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 3.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 15,196 shares of the company’s stock valued at $727,000 after acquiring an additional 552 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 10.8% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 4,273 shares of the company’s stock valued at $204,000 after acquiring an additional 416 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.1%

VEA opened at $57.22 on Friday. The stock has a market cap of $164.40 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $57.31. The company’s 50-day moving average price is $55.27 and its two-hundred day moving average price is $51.87.

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.