Kastel Capital Advisors LLC Lowers Holdings in Vanguard FTSE Developed Markets ETF $VEA

Kastel Capital Advisors LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 20.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 57,114 shares of the company’s stock after selling 14,879 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 2.4% of Kastel Capital Advisors LLC’s holdings, making the stock its 10th largest position. Kastel Capital Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,069,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Strategic Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $35,000. Quaker Wealth Management LLC grew its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after buying an additional 611 shares during the last quarter. Tidemark LLC grew its stake in Vanguard FTSE Developed Markets ETF by 80.9% during the fourth quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after buying an additional 279 shares during the last quarter. Strategic Advocates LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 66.1% during the fourth quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after buying an additional 248 shares in the last quarter. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $39,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $72.89 on Monday. The stock has a market capitalization of $236.16 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $57.72 and a 1 year high of $73.23. The firm has a 50 day moving average of $70.89 and a 200-day moving average of $68.69.

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.