Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Frisch Financial Group Inc.

Frisch Financial Group Inc. lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 24.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,353 shares of the company’s stock after selling 1,416 shares during the period. Frisch Financial Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $215,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in VEA. Strategic Financial Concepts LLC lifted its position in Vanguard FTSE Developed Markets ETF by 6,005.9% in the second quarter. Strategic Financial Concepts LLC now owns 8,308,691 shares of the company’s stock valued at $410,616,000 after purchasing an additional 8,172,614 shares during the period. Morningstar Investment Services LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 97.1% during the 4th quarter. Morningstar Investment Services LLC now owns 12,663,672 shares of the company’s stock valued at $606,716,000 after acquiring an additional 6,238,875 shares during the period. Pathstone Holdings LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at approximately $238,242,000. Envestnet Asset Management Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock valued at $4,251,307,000 after acquiring an additional 3,279,281 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of Vanguard FTSE Developed Markets ETF by 147.9% during the 1st quarter. Cetera Investment Advisers now owns 4,577,042 shares of the company’s stock valued at $229,630,000 after acquiring an additional 2,730,944 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.8 %

VEA stock opened at $52.00 on Tuesday. The firm has a 50 day moving average of $50.66 and a 200-day moving average of $50.10. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $52.54. The company has a market cap of $136.24 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.