Newport Capital Group LLC Sells 158,725 Shares of Vanguard FTSE Developed Markets ETF $VEA

Newport Capital Group LLC reduced its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 91.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,376 shares of the company’s stock after selling 158,725 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 0.5% of Newport Capital Group LLC’s investment portfolio, making the stock its 11th biggest holding. Newport Capital Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $961,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of VEA. Brighton Jones LLC grew its holdings in 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 purchasing an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings 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 worth $5,905,000 after purchasing an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the first quarter worth $209,000. Squarepoint Ops LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the second quarter worth $7,001,000. Finally, Glenview Trust co grew its holdings in Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after purchasing an additional 297 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.4%

NYSEARCA:VEA opened at $71.66 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $54.63 and a 12 month high of $71.88. The firm has a fifty day simple moving average of $67.67 and a 200-day simple moving average of $65.62. The company has a market capitalization of $229.83 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.