Naviter Wealth LLC Sells 22,761 Shares of Vanguard FTSE Developed Markets ETF $VEA

Naviter Wealth LLC cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 85.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,759 shares of the company’s stock after selling 22,761 shares during the period. Naviter Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $235,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of VEA. Brighton Jones LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 47.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after buying an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $209,000. Pecaut & CO. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 2.6% during the second quarter. Pecaut & CO. now owns 21,680 shares of the company’s stock worth $1,236,000 after buying an additional 559 shares during the last quarter. Finally, Ariel Investments LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 84.7% during the second quarter. Ariel Investments LLC now owns 245,539 shares of the company’s stock worth $13,998,000 after buying an additional 112,626 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $67.82 on Thursday. The company has a market cap of $214.22 billion, a price-to-earnings ratio of 16.34 and a beta of 0.85. The firm has a 50 day simple moving average of $66.38 and a 200 day simple moving average of $63.47. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.55.

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.