Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sees Large Decrease in Short Interest

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 2,548,767 shares, a decrease of 35.5% from the August 15th total of 3,954,482 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 9,493,098 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Vanguard FTSE Developed Markets ETF

Several institutional investors have recently made changes to their positions in the stock. Cherry Tree Wealth Management LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 0.4% in the second quarter. Cherry Tree Wealth Management LLC now owns 302,571 shares of the company’s stock valued at $21,558,000 after purchasing an additional 1,105 shares in the last quarter. Talon Private Wealth LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 20.6% in the 2nd quarter. Talon Private Wealth LLC now owns 167,699 shares of the company’s stock worth $11,949,000 after purchasing an additional 28,619 shares during the period. Marathon Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $405,000. Pecaut & CO. grew its holdings in Vanguard FTSE Developed Markets ETF by 1.8% during the 2nd quarter. Pecaut & CO. now owns 30,802 shares of the company’s stock valued at $2,195,000 after buying an additional 535 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in Vanguard FTSE Developed Markets ETF by 3.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,246,137 shares of the company’s stock valued at $730,083,000 after buying an additional 339,126 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 1.2%

VEA traded up $0.88 on Thursday, hitting $72.14. The company’s stock had a trading volume of 5,449,052 shares, compared to its average volume of 14,513,147. The company’s 50 day simple moving average is $71.89 and its 200-day simple moving average is $69.73. The firm has a market cap of $231.19 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12 month low of $58.81 and a 12 month high of $74.04.

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.