Pallas Capital Advisors LLC Trims Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Pallas Capital Advisors LLC lessened its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 33.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,434 shares of the company’s stock after selling 10,921 shares during the period. Pallas Capital Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,086,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Morton Brown Family Wealth LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 6.5% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 402,486 shares of the company’s stock valued at $21,255,000 after acquiring an additional 24,676 shares during the period. TCI Wealth Advisors Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 8.4% during the third quarter. TCI Wealth Advisors Inc. now owns 7,055 shares of the company’s stock valued at $373,000 after purchasing an additional 547 shares during the period. Patriot Financial Group Insurance Agency LLC increased its stake in Vanguard FTSE Developed Markets ETF by 0.3% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock worth $3,482,000 after buying an additional 205 shares during the period. Concord Wealth Partners increased its stake in Vanguard FTSE Developed Markets ETF by 6.9% in the 3rd quarter. Concord Wealth Partners now owns 3,688 shares of the company’s stock worth $195,000 after buying an additional 237 shares during the period. Finally, Sound Stewardship LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 4.4% during the 3rd quarter. Sound Stewardship LLC now owns 115,900 shares of the company’s stock valued at $6,121,000 after buying an additional 4,858 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $50.71 on Wednesday. The company’s 50-day simple moving average is $51.74 and its two-hundred day simple moving average is $50.55. Vanguard FTSE Developed Markets ETF has a one year low of $41.87 and a one year high of $53.40. The company has a market capitalization of $132.86 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.