Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sees Significant Decrease in Short Interest

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 2,548,767 shares, a drop of 35.5% from the August 15th total of 3,954,482 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 9,493,098 shares, the short-interest ratio is presently 0.3 days.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $71.38 on Friday. The stock has a 50-day simple moving average of $71.93 and a 200-day simple moving average of $69.76. The stock has a market capitalization of $228.77 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $58.81 and a 1 year high of $74.04.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Security National Bank of SO Dak raised its position in shares of Vanguard FTSE Developed Markets ETF by 2.8% during the 2nd quarter. Security National Bank of SO Dak now owns 26,715 shares of the company’s stock worth $1,903,000 after acquiring an additional 730 shares in the last quarter. Security National Bank of Sioux City Iowa IA boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 17.0% in the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 47,396 shares of the company’s stock valued at $3,377,000 after buying an additional 6,887 shares in the last quarter. Cherry Tree Wealth Management LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.4% in the 2nd quarter. Cherry Tree Wealth Management LLC now owns 302,571 shares of the company’s stock valued at $21,558,000 after buying an additional 1,105 shares in the last quarter. Talon Private Wealth LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 20.6% in the 2nd quarter. Talon Private Wealth LLC now owns 167,699 shares of the company’s stock valued at $11,949,000 after buying an additional 28,619 shares during the last quarter. Finally, Marathon Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $405,000.

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.