Bessemer Group Inc. Sells 7,319 Shares of Vanguard FTSE Developed Markets ETF $VEA

Bessemer Group Inc. reduced its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 227,104 shares of the company’s stock after selling 7,319 shares during the quarter. Bessemer Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $14,188,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of VEA. TL Private Wealth grew its position in Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after acquiring an additional 155 shares during the last quarter. Belpointe Asset Management LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 0.5% during the 4th quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock worth $2,157,000 after buying an additional 162 shares in the last quarter. Spire Wealth Management grew its position in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the 4th quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock worth $1,699,000 after buying an additional 163 shares in the last quarter. Twelve Points Wealth Management LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 0.9% during the 4th quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock worth $1,220,000 after buying an additional 166 shares in the last quarter. Finally, PFG Investments LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 0.9% during the 3rd quarter. PFG Investments LLC now owns 18,087 shares of the company’s stock worth $1,084,000 after buying an additional 170 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 2.1%

VEA opened at $69.08 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.21 and a 12-month high of $71.12. The business’s fifty day simple moving average is $66.72 and its 200-day simple moving average is $64.98. The company has a market capitalization of $221.56 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.