WESCAP Management Group Inc. Reduces Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

WESCAP Management Group Inc. lowered its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 128,703 shares of the company’s stock after selling 6,143 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 2.0% of WESCAP Management Group Inc.’s investment portfolio, making the stock its 14th largest position. WESCAP Management Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,165,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Alexander Randolph Advisory Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $424,000. GW Henssler & Associates Ltd. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $244,000. Keener Financial Planning LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $25,125,000. NewSquare Capital LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 2.8% in the 4th quarter. NewSquare Capital LLC now owns 321,863 shares of the company’s stock worth $15,417,000 after buying an additional 8,654 shares in the last quarter. Finally, Morton Brown Family Wealth LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 6.9% during the 4th quarter. Morton Brown Family Wealth LLC now owns 350,815 shares of the company’s stock valued at $16,804,000 after purchasing an additional 22,651 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.9 %

Shares of Vanguard FTSE Developed Markets ETF stock traded up $0.45 during trading hours on Friday, reaching $49.56. 11,883,003 shares of the stock traded hands, compared to its average volume of 11,600,427. The company has a 50 day moving average price of $49.28 and a 200 day moving average price of $47.22. The firm has a market capitalization of $129.85 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $50.36.

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.