Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Short Interest Down 35.5% in August

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 2,548,767 shares, a decrease of 35.5% from the August 15th total of 3,954,482 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,493,098 shares, the short-interest ratio is currently 0.3 days.

Vanguard FTSE Developed Markets ETF Trading Down 1.4%

Shares of Vanguard FTSE Developed Markets ETF stock traded down $1.04 during midday trading on Friday, reaching $71.11. The company had a trading volume of 2,794,227 shares, compared to its average volume of 14,456,750. The company has a market capitalization of $227.89 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The stock has a fifty day simple moving average of $71.92 and a 200 day simple moving average of $69.75. Vanguard FTSE Developed Markets ETF has a 1-year low of $58.81 and a 1-year high of $74.04.

Hedge Funds Weigh In On Vanguard FTSE Developed Markets ETF

Several institutional investors have recently modified their holdings of the stock. Cherry Tree Wealth Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 0.4% in the second quarter. Cherry Tree Wealth Management LLC now owns 302,571 shares of the company’s stock valued at $21,558,000 after purchasing an additional 1,105 shares in the last quarter. Talon Private Wealth LLC grew its stake in Vanguard FTSE Developed Markets ETF by 20.6% in the second quarter. Talon Private Wealth LLC now owns 167,699 shares of the company’s stock valued at $11,949,000 after acquiring an additional 28,619 shares during the period. Marathon Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth about $405,000. Pecaut & CO. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the 2nd quarter. Pecaut & CO. now owns 30,802 shares of the company’s stock valued at $2,195,000 after purchasing an additional 535 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,246,137 shares of the company’s stock valued at $730,083,000 after purchasing an additional 339,126 shares during the period.

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.