Janney Montgomery Scott LLC Sells 119,053 Shares of Vanguard FTSE Developed Markets ETF $VEA

Janney Montgomery Scott LLC decreased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 3,460,078 shares of the company’s stock after selling 119,053 shares during the period. Janney Montgomery Scott LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $221,722,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares during the period. Ulland Investment Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares during the period. Strategic Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth $35,000. Quaker Wealth Management LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after acquiring an additional 611 shares during the period. Finally, Tidemark LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 80.9% during the fourth quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after acquiring an additional 279 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.8%

NYSEARCA VEA opened at $70.56 on Friday. The firm has a market cap of $226.30 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The business has a 50-day moving average price of $70.28 and a 200-day moving average price of $67.09. Vanguard FTSE Developed Markets ETF has a twelve month low of $55.68 and a twelve month high of $73.23.

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.