HM Payson & Co. Sells 8,372 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

HM Payson & Co. cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 81,835 shares of the company’s stock after selling 8,372 shares during the quarter. HM Payson & Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,913,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Principal Financial Group Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 308.2% during the third quarter. Principal Financial Group Inc. now owns 462,230 shares of the company’s stock worth $24,410,000 after purchasing an additional 348,989 shares in the last quarter. JB Capital LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth about $213,000. Seven Post Investment Office LP increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.9% in the third quarter. Seven Post Investment Office LP now owns 226,731 shares of the company’s stock worth $11,974,000 after acquiring an additional 2,017 shares in the last quarter. MontVue Capital Management Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.1% in the third quarter. MontVue Capital Management Inc. now owns 20,163 shares of the company’s stock worth $1,065,000 after acquiring an additional 414 shares in the last quarter. Finally, Vista Capital Partners Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth about $464,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $52.58 on Friday. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.79 and a twelve month high of $53.40. The firm’s 50 day moving average price is $49.94 and its two-hundred day moving average price is $50.48. The firm has a market cap of $147.75 billion, a P/E ratio of 16.75 and a beta of 0.92.

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.