International Assets Investment Management LLC Sells 1,849,858 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

International Assets Investment Management LLC trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 97.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,581 shares of the company’s stock after selling 1,849,858 shares during the quarter. International Assets Investment Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,175,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Silver Lake Advisory LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $7,496,000. Ironwood Wealth Management LLC. raised its stake in Vanguard FTSE Developed Markets ETF by 6.4% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 74,598 shares of the company’s stock valued at $3,687,000 after acquiring an additional 4,474 shares during the period. MGO One Seven LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 37.9% during the 2nd quarter. MGO One Seven LLC now owns 198,860 shares of the company’s stock valued at $9,828,000 after purchasing an additional 54,608 shares during the last quarter. Morling Financial Advisors LLC boosted its position in Vanguard FTSE Developed Markets ETF by 0.7% during the second quarter. Morling Financial Advisors LLC now owns 62,270 shares of the company’s stock worth $3,077,000 after purchasing an additional 436 shares during the period. Finally, HHM Wealth Advisors LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the second quarter. HHM Wealth Advisors LLC now owns 6,879 shares of the company’s stock valued at $340,000 after purchasing an additional 250 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $48.25 on Thursday. The firm has a market capitalization of $126.42 billion, a PE ratio of 13.32 and a beta of 0.88. The company’s 50-day moving average is $49.36 and its 200-day moving average is $50.38. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.91 and a fifty-two week high of $53.40.

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.