Stonehearth Capital Management LLC Reduces Stake in Vanguard FTSE Developed Markets ETF $VEA

Stonehearth Capital Management LLC lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 31.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,850 shares of the company’s stock after selling 10,701 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 0.6% of Stonehearth Capital Management LLC’s investment portfolio, making the stock its 26th biggest holding. Stonehearth Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,699,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VEA. Brighton Jones LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after buying an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 47.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after acquiring an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at $209,000. Squarepoint Ops LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at $7,001,000. Finally, Glenview Trust co increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after purchasing an additional 297 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $72.12 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $57.48 and a one year high of $73.23. The business has a fifty day moving average price of $70.87 and a 200-day moving average price of $68.64. The firm has a market capitalization of $233.66 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.