Miller Investment Management LP Sells 3,655 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Miller Investment Management LP cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 18.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,532 shares of the company’s stock after selling 3,655 shares during the period. Miller Investment Management LP’s holdings in Vanguard FTSE Developed Markets ETF were worth $873,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Mission Creek Capital Partners Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 151.6% in the third quarter. Mission Creek Capital Partners Inc. now owns 44,163 shares of the company’s stock worth $2,332,000 after purchasing an additional 26,610 shares during the last quarter. IHT Wealth Management LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 5.9% during the 3rd quarter. IHT Wealth Management LLC now owns 89,589 shares of the company’s stock worth $4,689,000 after purchasing an additional 4,993 shares during the period. Independent Family Office LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 5.6% during the 3rd quarter. Independent Family Office LLC now owns 71,463 shares of the company’s stock worth $3,761,000 after purchasing an additional 3,777 shares during the period. Harmony Asset Management LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 26.1% in the 3rd quarter. Harmony Asset Management LLC now owns 10,596 shares of the company’s stock worth $560,000 after buying an additional 2,195 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 1.5% during the third quarter. HighTower Advisors LLC now owns 10,498,455 shares of the company’s stock valued at $554,428,000 after buying an additional 158,607 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $50.56 on Wednesday. The firm has a market cap of $132.47 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.79 and a 52 week high of $53.40. The firm’s 50-day simple moving average is $50.79 and its two-hundred day simple moving average is $50.65.

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.