Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sees Significant Drop in Short Interest

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 12,212,011 shares, a decline of 23.6% from the January 15th total of 15,975,479 shares. Based on an average daily volume of 23,864,977 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 23,864,977 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Vanguard FTSE Developed Markets ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Mascagni Wealth Management Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock valued at $452,000 after acquiring an additional 152 shares during the period. TL Private Wealth lifted its position in Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after purchasing an additional 155 shares during the last quarter. River Wealth Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 1.3% during the 4th quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock valued at $759,000 after purchasing an additional 161 shares during the period. Belpointe Asset Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 0.5% during the 4th quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after purchasing an additional 162 shares during the period. Finally, Spire Wealth Management grew its position in Vanguard FTSE Developed Markets ETF by 0.6% in the 4th quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock worth $1,699,000 after purchasing an additional 163 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA traded up $0.26 during trading on Monday, reaching $68.76. 23,529,309 shares of the company’s stock traded hands, compared to its average volume of 22,132,896. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $69.40. The company has a 50 day moving average of $64.73 and a 200-day moving average of $61.63. The stock has a market capitalization of $212.99 billion, a P/E ratio of 16.34 and a beta of 0.87.

Vanguard FTSE Developed Markets ETF Company 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.