Austin Asset Management Co Inc Lowers Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Austin Asset Management Co Inc reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,597 shares of the company’s stock after selling 382 shares during the period. Austin Asset Management Co Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $268,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Watts Gwilliam & Co. LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the third quarter valued at approximately $227,000. Albion Financial Group UT lifted its position in Vanguard FTSE Developed Markets ETF by 144.6% in the 3rd quarter. Albion Financial Group UT now owns 3,561 shares of the company’s stock valued at $188,000 after acquiring an additional 2,105 shares in the last quarter. Moisand Fitzgerald Tamayo LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 9.9% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 4,064 shares of the company’s stock valued at $215,000 after purchasing an additional 367 shares during the last quarter. Trevian Wealth Management LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth $4,454,000. Finally, Scott Capital Advisors LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 10.1% in the 3rd quarter. Scott Capital Advisors LLC now owns 62,123 shares of the company’s stock worth $3,281,000 after purchasing an additional 5,687 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $50.21 on Friday. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.72 and a 1 year high of $53.40. The company has a market cap of $131.55 billion, a P/E ratio of 13.32 and a beta of 0.88. The stock’s fifty day moving average price is $49.13 and its 200-day moving average price is $50.23.

Vanguard FTSE Developed Markets ETF 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.