Gladstone Institutional Advisory LLC Sells 2,082 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Gladstone Institutional Advisory LLC decreased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 74,440 shares of the company’s stock after selling 2,082 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,931,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VEA. Bangor Savings Bank increased its position in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the 2nd quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock valued at $2,535,000 after purchasing an additional 201 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 1.8% during the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock worth $578,000 after buying an additional 205 shares during the period. Patriot Financial Group Insurance Agency LLC increased its position in Vanguard FTSE Developed Markets ETF by 0.3% during 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 last quarter. Optimum Investment Advisors boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the 3rd quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after purchasing an additional 207 shares during the period. Finally, Olistico Wealth LLC boosted its position in shares of 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 valued at $90,000 after buying an additional 208 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA traded up $0.37 during mid-day trading on Friday, reaching $50.47. 3,150,620 shares of the company’s stock traded hands, compared to its average volume of 9,464,560. Vanguard FTSE Developed Markets ETF has a 12 month low of $43.29 and a 12 month high of $53.40. The stock has a market cap of $132.23 billion, a P/E ratio of 13.32 and a beta of 0.88. The stock’s 50-day moving average is $51.69 and its two-hundred day moving average is $50.55.

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.