Marks Group Wealth Management Inc Sells 52,317 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Marks Group Wealth Management Inc trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 88.6% in the 4th quarter, Holdings Channel reports. The firm owned 6,735 shares of the company’s stock after selling 52,317 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $323,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Wetzel Investment Advisors Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $26,000. Versant Capital Management Inc acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $29,000. First Command Advisory Services Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 81.3% during the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock valued at $33,000 after acquiring an additional 309 shares in the last quarter. Investment Research & Advisory Group Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 273.9% in the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock worth $34,000 after buying an additional 515 shares during the period. Finally, Orion Capital Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth approximately $40,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.3 %

Shares of NYSEARCA:VEA opened at $49.00 on Wednesday. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $50.36. The company’s 50 day moving average is $49.18 and its 200 day moving average is $46.98. The company has a market cap of $128.38 billion, a PE ratio of 13.31 and a beta of 0.88.

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.