Barrett & Company Inc. Lowers Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Barrett & Company Inc. lessened its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,058 shares of the company’s stock after selling 1,109 shares during the period. Vanguard FTSE Developed Markets ETF makes up 1.3% of Barrett & Company Inc.’s portfolio, making the stock its 21st biggest position. Barrett & Company Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,968,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VEA. Golden State Wealth Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $1,105,000. Centerline Wealth Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $9,190,000. Archer Investment Corp lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 40.1% during the fourth quarter. Archer Investment Corp now owns 46,680 shares of the company’s stock worth $2,232,000 after purchasing an additional 13,359 shares in the last quarter. Axos Invest Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 10.4% during the fourth quarter. Axos Invest Inc. now owns 575,309 shares of the company’s stock worth $27,511,000 after purchasing an additional 54,293 shares in the last quarter. Finally, Keystone Financial Group Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $32,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $50.61 on Friday. The stock’s 50-day moving average is $49.13 and its two-hundred day moving average is $50.23. The stock has a market cap of $132.60 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12 month low of $46.72 and a 12 month 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.