Gradient Investments LLC Has $196,000 Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Gradient Investments LLC reduced its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 26.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 3,966 shares of the company’s stock after selling 1,456 shares during the period. Gradient Investments LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $196,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of VEA. Wetzel Investment Advisors Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $26,000. Triad Wealth Partners LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $31,000. First Command Advisory Services Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 81.3% during the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after acquiring an additional 309 shares during the last quarter. LRI Investments LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $39,000. Finally, Gleason Group Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 201.4% in the second quarter. Gleason Group Inc. now owns 856 shares of the company’s stock valued at $42,000 after buying an additional 572 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA traded up $0.30 during midday trading on Friday, reaching $50.82. The company’s stock had a trading volume of 5,669,106 shares, compared to its average volume of 10,143,843. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $51.68. The business’s 50 day moving average price is $49.92 and its two-hundred day moving average price is $49.54. The company has a market cap of $133.15 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.