Frank Rimerman Advisors LLC Sells 1,317 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Frank Rimerman Advisors LLC trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 168,831 shares of the company’s stock after selling 1,317 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 0.6% of Frank Rimerman Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Frank Rimerman Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,073,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Kozak & Associates Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares during the period. Decker Retirement Planning Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth $29,000. Keystone Financial Group Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth $32,000. Crews Bank & Trust bought a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $37,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.2% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 777 shares of the company’s stock valued at $37,000 after acquiring an additional 238 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $52.20 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $46.80 and a 1-year high of $53.40. The business has a fifty day moving average price of $50.31 and a 200-day moving average price of $50.47. The company has a market capitalization of $146.68 billion, a PE ratio of 16.75 and a beta of 0.92.

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.