Evergreen Capital Management LLC Trims Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Evergreen Capital Management LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 26.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,416 shares of the company’s stock after selling 18,876 shares during the quarter. Evergreen Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in VEA. Transcendent Capital Group LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 101.2% during the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after buying an additional 256 shares in the last quarter. Triad Wealth Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the second quarter worth $31,000. Spectrum Wealth Counsel LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the second quarter worth $33,000. Fairscale Capital LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the second quarter worth $38,000. Finally, LRI Investments LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the first quarter worth $39,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $52.16 on Tuesday. The company’s fifty day moving average is $50.78 and its 200 day moving average is $50.19. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $52.67. The stock has a market capitalization of $136.66 billion, a PE ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Company 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.