King Luther Capital Management Corp Reduces Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

King Luther Capital Management Corp reduced its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 119,594 shares of the company’s stock after selling 9,786 shares during the quarter. King Luther Capital Management Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,910,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VEA. Gilbert & Cook Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 8.2% during the 4th quarter. Gilbert & Cook Inc. now owns 1,389,435 shares of the company’s stock valued at $66,554,000 after purchasing an additional 104,907 shares during the period. Aveo Capital Partners LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the fourth quarter. Aveo Capital Partners LLC now owns 115,507 shares of the company’s stock worth $5,533,000 after purchasing an additional 923 shares during the last quarter. 9258 Wealth Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 1.8% during the 4th quarter. 9258 Wealth Management LLC now owns 28,611 shares of the company’s stock worth $1,370,000 after acquiring an additional 503 shares in the last quarter. Gryphon Financial Partners LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 316.8% during the 4th quarter. Gryphon Financial Partners LLC now owns 20,225 shares of the company’s stock worth $970,000 after acquiring an additional 15,372 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $600,000.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $51.96 on Friday. The firm has a market cap of $136.14 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The firm has a 50-day simple moving average of $50.75 and a two-hundred day simple moving average of $50.17. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $52.67.

Vanguard FTSE Developed Markets ETF Profile

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.