Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by American Investment Services Inc.

American Investment Services Inc. lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 157,711 shares of the company’s stock after selling 1,735 shares during the period. Vanguard FTSE Developed Markets ETF comprises 1.4% of American Investment Services Inc.’s portfolio, making the stock its 21st largest holding. American Investment Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $7,794,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Transcendent Capital Group LLC increased its stake in Vanguard FTSE Developed Markets ETF by 101.2% in the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after purchasing an additional 256 shares in the last quarter. Triad Wealth Partners LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $31,000. Spectrum Wealth Counsel LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $33,000. Fairscale Capital LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $38,000. Finally, First Command Advisory Services Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 379.3% in the 2nd quarter. First Command Advisory Services Inc. now owns 786 shares of the company’s stock valued at $39,000 after acquiring an additional 622 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.2 %

Shares of VEA opened at $51.95 on Monday. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $52.67. The stock has a market cap of $136.11 billion, a P/E ratio of 13.32 and a beta of 0.88. The company has a 50-day moving average of $50.75 and a two-hundred day moving average of $50.18.

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.