Brookstone Capital Management Trims Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Brookstone Capital Management reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 49.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 740,873 shares of the company’s stock after selling 723,047 shares during the quarter. Brookstone Capital Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $35,429,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Sageworth Trust Co of South Dakota grew its position in Vanguard FTSE Developed Markets ETF by 7.1% in the 3rd quarter. Sageworth Trust Co of South Dakota now owns 28,834 shares of the company’s stock valued at $1,523,000 after buying an additional 1,906 shares during the last quarter. Advance Capital Management Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 14.3% in the fourth quarter. Advance Capital Management Inc. now owns 13,711 shares of the company’s stock valued at $656,000 after acquiring an additional 1,711 shares in the last quarter. Kozak & Associates Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after acquiring an additional 410 shares during the period. First County Bank CT increased its stake in shares of Vanguard FTSE Developed Markets ETF by 18.0% during the fourth quarter. First County Bank CT now owns 13,089 shares of the company’s stock worth $626,000 after acquiring an additional 1,993 shares during the period. Finally, Tenon Financial LLC lifted its position in Vanguard FTSE Developed Markets ETF by 2.3% in the third quarter. Tenon Financial LLC now owns 231,747 shares of the company’s stock valued at $12,239,000 after purchasing an additional 5,154 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA traded down $0.29 during trading on Monday, reaching $47.24. The company’s stock had a trading volume of 3,103,649 shares, compared to its average volume of 11,155,695. The company has a market capitalization of $123.77 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The company’s fifty day moving average price is $49.27 and its 200-day moving average price is $50.37. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.91 and a 52-week high of $53.40.

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.