Vision Capital Management Inc. Sells 4,404 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Vision Capital Management Inc. decreased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.4% in the 2nd quarter, Holdings Channel reports. The firm owned 1,022,696 shares of the company’s stock after selling 4,404 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 7.5% of Vision Capital Management Inc.’s portfolio, making the stock its 2nd biggest position. Vision Capital Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $50,542,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Transcendent Capital Group LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 101.2% in the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after purchasing an additional 256 shares during the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $31,000. LRI Investments LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $39,000. First Command Advisory Services Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 379.3% during the 2nd quarter. First Command Advisory Services Inc. now owns 786 shares of the company’s stock valued at $39,000 after acquiring an additional 622 shares in the last quarter. Finally, Gleason Group Inc. raised its position in Vanguard FTSE Developed Markets ETF by 201.4% during the second quarter. Gleason Group Inc. now owns 856 shares of the company’s stock worth $42,000 after acquiring an additional 572 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $50.91 on Tuesday. The firm’s 50-day moving average is $50.54 and its two-hundred day moving average is $50.01. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $52.54. The company has a market capitalization of $133.38 billion, a PE 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.