Savvy Advisors Inc. Cuts Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Savvy Advisors Inc. decreased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 113,805 shares of the company’s stock after selling 11,866 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 1.2% of Savvy Advisors Inc.’s investment portfolio, making the stock its 15th largest position. Savvy Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,010,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in VEA. Koshinski Asset Management Inc. raised its position in Vanguard FTSE Developed Markets ETF by 625.0% in the 1st quarter. Koshinski Asset Management Inc. now owns 90,720 shares of the company’s stock valued at $4,551,000 after purchasing an additional 78,207 shares during the last quarter. Pettyjohn Wood & White Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $210,000. Portland Global Advisors LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the 1st quarter. Portland Global Advisors LLC now owns 284,119 shares of the company’s stock valued at $14,254,000 after buying an additional 3,588 shares during the period. Interchange Capital Partners LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 5.7% during the first quarter. Interchange Capital Partners LLC now owns 35,334 shares of the company’s stock worth $1,784,000 after acquiring an additional 1,902 shares during the period. Finally, Texas Yale Capital Corp. raised its position in Vanguard FTSE Developed Markets ETF by 0.5% in the first quarter. Texas Yale Capital Corp. now owns 45,238 shares of the company’s stock worth $2,270,000 after acquiring an additional 220 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.9 %

NYSEARCA:VEA opened at $49.80 on Tuesday. The firm’s fifty day simple moving average is $51.43 and its 200-day simple moving average is $50.69. The stock has a market cap of $130.48 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $43.55 and a fifty-two week high of $53.40.

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.