Summit Financial Group Inc. Decreases Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Summit Financial Group Inc. lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,439 shares of the company’s stock after selling 1,000 shares during the quarter. Summit Financial Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,129,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. WestHill Financial Advisors Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 3.1% during the 3rd quarter. WestHill Financial Advisors Inc. now owns 988,946 shares of the company’s stock valued at $43,237,000 after purchasing an additional 29,525 shares in the last quarter. Sugarloaf Wealth Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 90.5% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 8,875 shares of the company’s stock valued at $388,000 after purchasing an additional 4,215 shares in the last quarter. PAX Financial Group LLC increased its stake in Vanguard FTSE Developed Markets ETF by 14.6% during the 3rd quarter. PAX Financial Group LLC now owns 115,613 shares of the company’s stock valued at $5,055,000 after purchasing an additional 14,749 shares in the last quarter. Interchange Capital Partners LLC increased its stake in Vanguard FTSE Developed Markets ETF by 9.1% during the 3rd quarter. Interchange Capital Partners LLC now owns 35,339 shares of the company’s stock valued at $1,545,000 after purchasing an additional 2,959 shares in the last quarter. Finally, Rathbones Group PLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth $258,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.4 %

Shares of NYSEARCA:VEA traded up $0.20 during midday trading on Wednesday, reaching $49.88. The company’s stock had a trading volume of 11,838,705 shares, compared to its average volume of 10,694,498. The firm has a market capitalization of $130.69 billion, a PE 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 stock has a fifty day moving average of $49.81 and a 200 day moving average of $48.72.

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.