Petra Financial Advisors Inc. Sells 2,615 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Petra Financial Advisors Inc. cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 29,983 shares of the company’s stock after selling 2,615 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 1.2% of Petra Financial Advisors Inc.’s holdings, making the stock its 20th biggest position. Petra Financial Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,524,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Brooklyn FI LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 6,702.3% in the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after buying an additional 35,468,345 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $563,154,000. Bank of America Corp DE raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.6% during the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock worth $8,387,299,000 after acquiring an additional 10,807,527 shares during the period. Betterment LLC lifted its position in Vanguard FTSE Developed Markets ETF by 8.0% in the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after acquiring an additional 10,132,168 shares in the last quarter. Finally, US Bancorp DE boosted its stake in Vanguard FTSE Developed Markets ETF by 56.6% in the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock worth $1,138,726,000 after purchasing an additional 8,608,172 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 1.6%

VEA stock opened at $55.00 on Friday. The stock has a 50-day moving average price of $54.15 and a two-hundred day moving average price of $51.41. The stock has a market cap of $156.75 billion, a PE ratio of 16.52 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $56.91.

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.