Smith Salley Wealth Management Sells 1,465 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Smith Salley Wealth Management lessened its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,535 shares of the company’s stock after selling 1,465 shares during the period. Smith Salley Wealth Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $934,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sunbelt Securities Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock valued at $578,000 after buying an additional 205 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after acquiring an additional 205 shares during the period. Optimum Investment Advisors grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock valued at $668,000 after acquiring an additional 207 shares in the last quarter. Olistico Wealth LLC increased its position in Vanguard FTSE Developed Markets ETF by 13.9% during the third quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock worth $90,000 after acquiring an additional 208 shares during the period. Finally, MTM Investment Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 1.5% in the 3rd quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock worth $743,000 after purchasing an additional 208 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.5 %

Shares of NYSEARCA:VEA opened at $48.57 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.33 and a 12-month high of $53.40. The company’s 50 day moving average price is $49.02 and its two-hundred day moving average price is $50.30. The firm has a market cap of $127.25 billion, a PE ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Company 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.