Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Citizens Business Bank

Citizens Business Bank lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 854,095 shares of the company’s stock after selling 3,495 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 9.2% of Citizens Business Bank’s investment portfolio, making the stock its 2nd biggest position. Citizens Business Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $40,911,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VEA. Alpha Cubed Investments LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1,290.9% in the 4th quarter. Alpha Cubed Investments LLC now owns 71,796 shares of the company’s stock valued at $3,439,000 after purchasing an additional 66,634 shares in the last quarter. Brighton Jones LLC increased its position in Vanguard FTSE Developed Markets ETF by 5.4% during the 4th quarter. Brighton Jones LLC now owns 122,912 shares of the company’s stock worth $5,887,000 after purchasing an additional 6,352 shares in the last quarter. Mission Wealth Management LP lifted its stake in Vanguard FTSE Developed Markets ETF by 7.8% in the 4th quarter. Mission Wealth Management LP now owns 1,325,069 shares of the company’s stock valued at $63,471,000 after purchasing an additional 96,390 shares during the last quarter. Stonebridge Financial Planning Group LLC boosted its position in Vanguard FTSE Developed Markets ETF by 39.7% in the fourth quarter. Stonebridge Financial Planning Group LLC now owns 45,730 shares of the company’s stock valued at $2,190,000 after buying an additional 12,984 shares in the last quarter. Finally, WealthTrust Axiom LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $212,000.

Vanguard FTSE Developed Markets ETF Stock Down 1.4 %

Shares of NYSEARCA:VEA traded down $0.69 during trading on Tuesday, hitting $48.46. 10,082,491 shares of the company were exchanged, compared to its average volume of 11,509,882. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $50.36. The company has a market capitalization of $126.97 billion, a P/E ratio of 13.31 and a beta of 0.88. The business’s 50 day moving average is $49.25 and its 200-day moving average is $47.12.

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.