Fortis Advisors LLC Has $4.64 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Fortis Advisors LLC cut its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 97,107 shares of the company’s stock after selling 11,747 shares during the period. Vanguard FTSE Developed Markets ETF comprises 3.0% of Fortis Advisors LLC’s portfolio, making the stock its 8th biggest position. Fortis Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,644,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of VEA. Kozak & Associates Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after acquiring an additional 410 shares in the last quarter. Spectrum Wealth Counsel LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $33,000. Lummis Asset Management LP purchased a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at about $34,000. Abich Financial Wealth Management LLC grew its stake in Vanguard FTSE Developed Markets ETF by 2,458.6% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after purchasing an additional 713 shares during the last quarter. Finally, Fairscale Capital LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $38,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $47.40 on Tuesday. The business’s 50-day simple moving average is $49.21 and its two-hundred day simple moving average is $50.35. The company has a market cap of $124.19 billion, a PE ratio of 13.32 and a beta of 0.88. 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.