Jacobi Capital Management LLC Sells 20,127 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Jacobi Capital Management LLC lessened its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 52.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 18,334 shares of the company’s stock after selling 20,127 shares during the period. Jacobi Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $920,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VEA. Wetzel Investment Advisors Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $26,000. First Command Advisory Services Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 81.3% during the 4th quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after buying an additional 309 shares during the period. Investment Research & Advisory Group Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 273.9% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock worth $34,000 after buying an additional 515 shares during the period. Albion Financial Group UT acquired a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $40,000. Finally, LifeSteps Financial Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $44,000.

Vanguard FTSE Developed Markets ETF Trading Up 1.0 %

VEA stock traded up $0.49 during trading on Monday, reaching $50.81. 7,529,470 shares of the stock were exchanged, compared to its average volume of 10,368,861. The firm’s 50 day moving average is $50.38 and its 200 day moving average is $49.23. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $51.68. The firm has a market cap of $133.12 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.