Advisor Resource Council Sells 79,492 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Advisor Resource Council trimmed its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 87.9% during the first quarter, Holdings Channel reports. The firm owned 10,928 shares of the company’s stock after selling 79,492 shares during the quarter. Advisor Resource Council’s holdings in Vanguard FTSE Developed Markets ETF were worth $524,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Creative Planning raised its holdings in Vanguard FTSE Developed Markets ETF by 1.8% in the 4th quarter. Creative Planning now owns 126,420,464 shares of the company’s stock valued at $62,294,000 after acquiring an additional 2,288,154 shares during the period. Envestnet Asset Management Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 3.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock valued at $4,251,307,000 after acquiring an additional 3,279,281 shares during the period. Jones Financial Companies Lllp raised its holdings in Vanguard FTSE Developed Markets ETF by 2.5% in the 4th quarter. Jones Financial Companies Lllp now owns 78,087,328 shares of the company’s stock valued at $3,740,383,000 after acquiring an additional 1,900,950 shares during the period. Wells Fargo & Company MN raised its holdings in Vanguard FTSE Developed Markets ETF by 1.0% in the 4th quarter. Wells Fargo & Company MN now owns 62,460,928 shares of the company’s stock valued at $2,991,878,000 after acquiring an additional 625,362 shares during the period. Finally, Morgan Stanley raised its holdings in Vanguard FTSE Developed Markets ETF by 3.7% in the 3rd quarter. Morgan Stanley now owns 54,759,270 shares of the company’s stock valued at $2,394,075,000 after acquiring an additional 1,930,476 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 1.2 %

Vanguard FTSE Developed Markets ETF stock opened at $50.16 on Friday. The stock has a market cap of $131.42 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $51.28. The company’s 50-day moving average price is $50.06 and its two-hundred day moving average price is $48.94.

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.