Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC trimmed its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.2% during the third quarter, HoldingsChannel reports. The fund owned 1,266,384 shares of the company’s stock after selling 2,380 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 5.0% of Woodmont Investment Counsel LLC’s investment portfolio, making the stock its 3rd largest position. Woodmont Investment Counsel LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $66,878,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in VEA. Creative Planning raised its stake in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the 3rd quarter. Creative Planning now owns 145,118,743 shares of the company’s stock valued at $7,663,721,000 after purchasing an additional 5,341,481 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock worth $2,518,573,000 after buying an additional 2,402,484 shares in the last quarter. WealthNavi Inc. raised its position in Vanguard FTSE Developed Markets ETF by 5.6% in the 3rd quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock valued at $2,434,309,000 after buying an additional 2,436,012 shares during the last quarter. LPL Financial LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 4.3% in the 2nd quarter. LPL Financial LLC now owns 21,328,841 shares of the company’s stock valued at $1,054,071,000 after acquiring an additional 881,611 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its position in Vanguard FTSE Developed Markets ETF by 10.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock worth $948,309,000 after acquiring an additional 1,860,937 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.3 %

Shares of VEA opened at $50.16 on Thursday. Vanguard FTSE Developed Markets ETF has a twelve month low of $43.29 and a twelve month high of $53.40. The stock has a market capitalization of $131.42 billion, a P/E ratio of 13.32 and a beta of 0.88. The company has a 50 day moving average of $51.54 and a 200-day moving average of $50.63.

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.