Fifth Third Bancorp Cuts Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Fifth Third Bancorp reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,990,041 shares of the company’s stock after selling 88,044 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard FTSE Developed Markets ETF were worth $142,984,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Kozak & Associates Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares during the last quarter. Decker Retirement Planning Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $29,000. Lummis Asset Management LP bought a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth $34,000. West Branch Capital LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 328.2% in the third quarter. West Branch Capital LLC now owns 835 shares of the company’s stock valued at $44,000 after acquiring an additional 640 shares during the period. Finally, Atwood & Palmer Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $42,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $50.02 on Friday. The business has a 50 day simple moving average of $49.01 and a two-hundred day simple moving average of $50.28. Vanguard FTSE Developed Markets ETF has a one year low of $46.72 and a one year high of $53.40. The firm has a market capitalization of $131.05 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF 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.