Lansing Street Advisors Reduces Stake in Vanguard FTSE Developed Markets ETF $VEA

Lansing Street Advisors lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 126,096 shares of the company’s stock after selling 7,219 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 2.0% of Lansing Street Advisors’ investment portfolio, making the stock its 13th largest holding. Lansing Street Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $7,556,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. GGM Financials LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $27,000. Cloud Capital Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at $37,000. Elevation Point Wealth Partners LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at $48,000. Kilter Group LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at $49,000. Finally, Strengthening Families & Communities LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth about $55,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $70.31 on Friday. The firm has a market capitalization of $217.79 billion, a P/E ratio of 16.34 and a beta of 0.87. The stock has a 50-day simple moving average of $65.84 and a two-hundred day simple moving average of $62.25. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $70.44.

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.