Mountain Capital Investment Advisors Inc. Sells 7,534 Shares of Vanguard FTSE Developed Markets ETF $VEA

Mountain Capital Investment Advisors Inc. lowered its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 32.8% during the fourth quarter, HoldingsChannel reports. The firm owned 15,457 shares of the company’s stock after selling 7,534 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 0.2% of Mountain Capital Investment Advisors Inc.’s holdings, making the stock its 22nd largest holding. Mountain Capital Investment Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,017,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Nova Wealth Management Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 151.5% during the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares in the last quarter. GGM Financials LLC bought a new position in Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $27,000. Ulland Investment Advisors LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after buying an additional 242 shares in the last quarter. Cloud Capital Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $37,000. Finally, Quaker Wealth Management LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% in the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after buying an additional 611 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 1.0%

Shares of VEA stock opened at $67.69 on Friday. The firm has a fifty day moving average of $66.61 and a 200-day moving average of $64.10. Vanguard FTSE Developed Markets ETF has a 12-month low of $51.77 and a 12-month high of $70.55. The company has a market capitalization of $217.10 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.