Sageworth Trust Co Cuts Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sageworth Trust Co reduced its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 649,784 shares of the company’s stock after selling 35,803 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 1.9% of Sageworth Trust Co’s holdings, making the stock its 10th biggest holding. Sageworth Trust Co’s holdings in Vanguard FTSE Developed Markets ETF were worth $31,073,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Kozak & Associates Inc. raised its holdings in 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 purchasing an additional 410 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $29,000. Lummis Asset Management LP bought a new position in Vanguard FTSE Developed Markets ETF in the third quarter worth about $34,000. Keystone Financial Group Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $32,000. Finally, Crews Bank & Trust bought a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at approximately $37,000.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $50.21 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $46.72 and a fifty-two week high of $53.40. The company has a market capitalization of $131.55 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The business’s 50 day moving average price is $49.13 and its two-hundred day moving average price is $50.23.

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.