Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by First Foundation Advisors

First Foundation Advisors cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,252 shares of the company’s stock after selling 1,461 shares during the period. First Foundation Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $408,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Transcendent Capital Group LLC raised its stake in shares of 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 worth $25,000 after purchasing an additional 256 shares during the last quarter. Triad Wealth Partners LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at approximately $31,000. LRI Investments LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at $39,000. First Command Advisory Services Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 379.3% during the second quarter. First Command Advisory Services Inc. now owns 786 shares of the company’s stock worth $39,000 after purchasing an additional 622 shares during the last quarter. Finally, Gleason Group Inc. lifted 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 valued at $42,000 after purchasing an additional 572 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $50.91 on Tuesday. The firm’s fifty day moving average is $50.54 and its two-hundred day moving average is $50.01. The firm has a market cap of $133.38 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $52.54.

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.