SOL Capital Management CO Sells 38,520 Shares of Vanguard FTSE Developed Markets ETF $VEA

SOL Capital Management CO trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 86.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,935 shares of the company’s stock after selling 38,520 shares during the period. SOL Capital Management CO’s holdings in Vanguard FTSE Developed Markets ETF were worth $380,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of VEA. Patten Group Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 4.5% in the first quarter. Patten Group Inc. now owns 8,942 shares of the company’s stock valued at $573,000 after purchasing an additional 387 shares in the last quarter. Axis Wealth Partners LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 5.6% during the 1st quarter. Axis Wealth Partners LLC now owns 25,547 shares of the company’s stock worth $1,637,000 after purchasing an additional 1,356 shares during the last quarter. Boston Trust Walden Corp raised its stake in shares of Vanguard FTSE Developed Markets ETF by 144.4% during the 1st quarter. Boston Trust Walden Corp now owns 53,398 shares of the company’s stock worth $3,422,000 after purchasing an additional 31,550 shares in the last quarter. Stevens Capital Partners raised its stake in shares of Vanguard FTSE Developed Markets ETF by 31.3% during the 1st quarter. Stevens Capital Partners now owns 45,525 shares of the company’s stock worth $2,917,000 after purchasing an additional 10,854 shares in the last quarter. Finally, Clarity Wealth Advisors LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the 1st quarter. Clarity Wealth Advisors LLC now owns 4,581 shares of the company’s stock valued at $294,000 after buying an additional 167 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.6%

NYSEARCA:VEA opened at $70.81 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $55.68 and a 1-year high of $73.23. The firm has a fifty day simple moving average of $70.43 and a 200 day simple moving average of $67.36. The stock has a market capitalization of $227.88 billion, a PE 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.