Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Sherman Asset Management Inc.

Sherman Asset Management Inc. lessened its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 75.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,388 shares of the company’s stock after selling 38,528 shares during the period. Vanguard FTSE Developed Markets ETF makes up 0.6% of Sherman Asset Management Inc.’s holdings, making the stock its 29th largest position. Sherman Asset Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $742,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of VEA. Etesian Wealth Advisors Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 6.3% during the third quarter. Etesian Wealth Advisors Inc. now owns 222,561 shares of the company’s stock worth $13,336,000 after buying an additional 13,158 shares in the last quarter. Warner Financial Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 5.5% during the 3rd quarter. Warner Financial Inc. now owns 292,561 shares of the company’s stock valued at $17,530,000 after acquiring an additional 15,376 shares during the last quarter. Noble Family Wealth LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 8.9% during the 3rd quarter. Noble Family Wealth LLC now owns 639,448 shares of the company’s stock worth $38,316,000 after acquiring an additional 52,052 shares in the last quarter. Eastern Bank boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 6.1% during the 3rd quarter. Eastern Bank now owns 2,345,531 shares of the company’s stock worth $140,544,000 after acquiring an additional 133,977 shares in the last quarter. Finally, Essential Planning LLC. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 53.7% in the 3rd quarter. Essential Planning LLC. now owns 43,878 shares of the company’s stock worth $2,629,000 after acquiring an additional 15,329 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 2.2%

Shares of NYSEARCA VEA opened at $67.37 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $67.46. The company has a market cap of $208.69 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The business has a fifty day simple moving average of $63.90 and a 200-day simple moving average of $61.10.

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.